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Lafazanis: Referendum an ‘experiment’ to pressure creditors

Minister for Productive Reconstruction, Environment and Energy Panagiotis Lafazanis, also known as the leader of the left-wing of the governing Radical Left Coalition (Syriza) party, said that the July 5 referendum is an “experiment” to put pressure on Greece’s creditors.

“It’s the best we can do…We found ourselves in a cruel dilemma, to either sign what our creditors tell us or stage a referendum,” Lafazanis said in a radio interview Thursday.

“We are conducting an experiment to put pressure through the referendum,” Lafazanis added.

“We could do something else, co-sign a deal that would be a death sentence for Greece. What use would it be? We are at theis point because all the recipes applied were worng. If we aplied a deal like the one the creditors proposed, things would be even worse. We would have fewer expenditures and bigger taxes,” Lafazanis said.

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