Greece Invokes Nuclear Option: Tsipras Calls For Referendum
Update: Greek PM Alexis Tsipras has announced a referendum in a televised speech to the nation after another day of fractious negotiations with creditors closed without a deal.
The dramatic move comes after Athens rejected a proposal from the troika aimed at delivering some €16 billion in aid to Greece as part of an extension of the country’s second bailout program.
- GREECE’S TSIPRAS SAYS CREDITORS POSED ULTIMATUM TO GOVT
- GREECE’S TSIPRAS SAYS CREDITORS PROPOSALS ARE AGAINST EU RULES
- TSIPRAS SAYS CREDITORS AIM TO HUMILIATE GREEK PEOPLE
- TSIPRAS SAYS WILL CALL REFERENDUM ON GREEK DEAL WITH CREDITORS
- TSIPRAS GREEK REFERENDUM WILL BE HELD ON JULY 5
- TSIPRAS SAYS HE NOTIFIED MERKEL, DRAGHI ON REFERENDUM PLAN
- TSIPRAS SAYS GREECE IS, AND WILL STAY PART OF EUROPE
- TSIPRAS SAYS GREECE NEEDS TO SEND DEMOCRATIC RESPONSE TO EU
Protothema now says the Greek parliament will meet on Saturday and a referendum will be called as early as next week. Whether this is simply a last minute attempt to put pressure on EU finance ministers ahead of Saturday’s Eurogroup meeting remains to be seen, but one thing is for sure: Tsipras is playing a dangerous game with the ECB ahead of a difficult week that could very well see the imposition of capital controls.
More from Kathimerini:
The government is considering a referendum on the substance of the agreement, according to recent reports, during the enlarged meeting taking place from Friday night at the Maximos Mansion. The referendum is expected to be held next Sunday, while the prime minister has already informed the political leaders. The prime minister after returning from Brussels convened the extraordinary Governing Council at the Maximos Mansion, which after 23:00 turned into cabinet by attendance of ministers and party executives to discuss the latest developments and next steps in view of tomorrow’s Eurogroup.
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