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Tsipras asks Greeks to vote no

International Desk |
Update: 2015-06-30 02:27:00
Tsipras asks Greeks to vote no Photo Courtesy: ctvnews.ca

DHAKA: Greek PM Alexis Tsipras has urged voters to reject creditors’ demands in a snap referendum on Greece’s debt crisis due on Sunday.

Tsipras said a clear vote against austerity would help Greece negotiate a better settlement to the crisis, the BBC publishes this report on Tuesday.

Otherwise, he warned, he would not stay in office to oversee more cuts.

Greece’s bailout expires on Tuesday, the same day it faces a deadline to repay a €1.6bn loan to the International Monetary Fund (IMF).

EU leaders have warned that a rejection of the creditors’ proposals on Sunday would mean Greece leaving the eurozone - though Tsipras says he does not want this to happen.

Talks between Greece and its creditors broke down last week, leading to Greek banks having to shut this week. The uncertainty also caused stock markets to fall sharply on Monday.

Tens of thousands of people gathered outside the Greek parliament in Athens on Monday evening in a show of support for the government’s proposals. A rival protest organized by those calling for a yes vote is due later on Tuesday.

BDST: 1158 HRS, JUN 30, 2015
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