People Power: Greece Holds Referendum on EU Debt Proposal


Article source: RT

Protestors in Greece over economic austerity

The Greek PM has announced a national referendum on July 5 on the conditions of the debt deal with international creditors. It’s up to the Greek people, Tsipras said, to make a fateful decision on the country’s sovereignty, independence and future.

“These proposals, which clearly violate the European rules and the basic rights to work, equality and dignity show that the purpose of some of the partners and institutions was not a viable agreement for all parties, but possibly the humiliation of an entire people,” Greek Prime Minister Alexis Tsipras said in a televised address to the nation, as cited by Reuters.

The referendum will be held on July 5, a few days past the June 30 deadline, Tsipras announced.

In order to avoid a technical default, Athens will ask for a short-term extension on the bailout program and buy time to hold the popular vote. Tsirpas further added that German Chancellor Angela Merkel and European Central Bank chief Mario Draghi have already been informed of the plans.

The referendum will be a simple “yes” or “no” question on the measures proposed under the debt deal, local media report. One way or the other Tsipras said that he will respect the will of the people, who have voted for him for his anti-austerity campaign promises.

The ruling Syriza party urged voters to reject “the ultimatum by the lenders “ and “say yes to the proposal made by the government.” The leader of the Independent Greeks party, and Tsipras’ junior coalition partner, meanwhile urged the voters to protect the country’s sovereignty as they did “in 1940 when Greek people decided to say no to foreign armies.”

“I call for all of the party to participate in this big celebration of democracy called a referendum and to vote ‘No' – no to handing away our independence,” Panos Kammenos said.

[Read more here]

*Originally entitled: “Greece to Hold National Referendum on Debt Deal – PM”

Tags: , , , , ,


If you enjoyed this article, subscribe now to receive more just like it.

Subscribe via RSS Feed Connect on YouTube

New Title

NOTE: Email is optional. Do NOT enter it if you do NOT want it displayed.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

FAIR USE NOTICE. Many of the articles on this site contain copyrighted material whose use has not been specifically authorized by the copyright owner. We are making this material available in an effort to advance the understanding of environmental issues, human rights, economic and political democracy, and issues of social justice. We believe this constitutes a 'fair use' of the copyrighted material as provided for in Section 107 of the US Copyright Law which contains a list of the various purposes for which the reproduction of a particular work may be considered fair, such as criticism, comment, news reporting, teaching, scholarship, and research. If you wish to use such copyrighted material for purposes of your own that go beyond 'fair use' must obtain permission from the copyright owner. And, if you are a copyright owner who wishes to have your content removed, let us know via the "Contact Us" link at the top of the site, and we will promptly remove it.

The information on this site is provided for educational and entertainment purposes only. It is not intended as a substitute for professional advice of any kind. Conscious Life News assumes no responsibility for the use or misuse of this material. Your use of this website indicates your agreement to these terms.

Paid advertising on Conscious Life News may not represent the views and opinions of this website and its contributors. No endorsement of products and services advertised is either expressed or implied.
Send this to a friend