Greeks Say 'No'

 

 

Sputnik, Moscow, from Athens, 5-6 July 2015

 

Greek voters reject international creditors' cash-for-reforms proposal with
more than 90 percent of the votes counted.

 

Greek voters say "Όχι" (No) in Sunday crucial referendum on whether to
accept or reject international creditors' cash-for-reforms proposal, backing
Prime Minister Alexis Tsipras.

 

More than 61% of Greeks have rejected demands for more austerity, 38.6%
voted "yes", country's Interior Ministry reported after all of the votes had
been counted.

 

Tsipras: Now we talk about the debt

 

Greek Prime Minister Alexis Tsipras said in a televised address to the
nation that Greece's government would resume negotiations with its
international creditors, including on debt issue, on Monday.

 

"On Monday, the Greek government will return to the negotiating table with
the creditors. This time, the subject of the debt will be discussed,"
Tsipras stated Sunday.

 

According to him, the country's government also hopes for the recovery of
the banking system.

 

Respect

 

Brussels responded immediately. The European Commission states on its
website that it respects the results of Greek referendum. European Council
President Donald Tusk announced his plans to hold an extraordinary summit of
Eurozone leaders on Tuesday evening.

 

Head of European Commission Jean-Claude Juncker, Eurogroup President Jeroen
Dijsselbloem, European Central Bank (ECB) chief Mario Draghi and President
of the European Council Donald Tusk will hold on Monday morning a conference
call to discuss the results of Greek bailout referendum, a statement on the
EU body's website said Sunday.

 

"President Juncker is consulting tonight and tomorrow with the
democratically elected leaders of the other 18 Eurozone members as well as
with the Heads of the EU institutions. He will have a conference call among
the "Euro-Institutionals" on Monday morning," the statement read.

 

Dijsselbloem has a hissy fit

 

Jeroen Dijsselbloem said Monday that the results of the Greek referendum on
whether to accept the creditors' bailout plan were pessimistic for the
country's future.

 

"I take note of the outcome of the Greek referendum. This result is very
regrettable for the future of Greece," Dijsselbloem said in a statement.

 

He also added that to recover the debt-ridden country's economy austerity
measures and reforms are inevitable.

 

Greece is one of the countries hit by the 2008-2009 financial crisis. The
country's overall debt stands at about $350 billion, of which $270 billion
is owed to the European Central Bank, the International Monetary Fund and
some Eurozone countries.

 

The Greek Interior Ministry reported no incidents during the Sunday
referendum.

On June 30, Greece failed to make a $1.7-billion repayment to IMF, causing
the country to default on its IMF debt.



From: http://sputniknews.com/europe/20150706/1024246953.html

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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