Tag Archives: referendum

Greece’s agenda on Friday: 1. at 12 noon the Council of State will convene to discuss the “constitutionality of the Referendum  after two citizens submitted an appeal. Ruling is expected later on the day, probably in the afternoon. 2. Three Referendum rallies in downtown Athens: YES outside the Ancient Olympic …

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During a live interview with private ANT1 TV, Prime Minister Alexis Tsipras commented on tonight’s IMF analysis on Greek debt. “IMF says 30% Debt Relief, 20 years repayment, new finance package. IMF didn’t tell us so during negotiations.” He expressed confidence for an agreement even if the Referendum result is …

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What did the International Monetary Fund do first thing in the morning, Washington time, on Thursday? The IMF published a debt sustainability analysis on Greece. Among others, the IMF says that Greece’s Debt is not viable and Greece needs a Debt Relief, €50billion in new finance from October 2015 until …

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Coalition government partner Independent Greeks (ANEL) expelled one lawmaker for having said on television this morning that he will vote YES in Sunday’s referendum. THe MP was expelled in less than 2 hours after his statement, the party wants him to return the seat. From what it is said on …

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Finance minister Yanis Varoufakis has stated that he will resign if the Greek people vote ‘Yes’ in Sunday’s referendum. Speaking to Bloomberg TV on Thursday morning, Varoufakis said among others: * “If a yes vote, I will not be finance minister on Monday night * I prefer to cut my …

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Two Greeks, a lawyer and an engineer, appealed against the Referendum at the country’s highest court the State Council on Wednesday. The two civilians seek to void as “unconstitutional  and illegal” the Referendum on upcoming Sunday. Tomorrow, they will submit to the State Council an application through which they will …

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In his address to the Greeks on Wednesday afternoon, Prime Minister Alexis Tsipras assured that the Referendum will take place as scheduled. He called on Greek people to “vote NO”. However, he implied that he could/would consider to cancel it, if the outcome at tonight’s Eurogroup meeting was “positive.” “We …

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The first public opinion poll on Greek Referendum has been published after the government imposed bank holiday and capital controls. Conducted by ProRata for daily Efimerida ton Syntakton, shows that “NO to Creditors’ Proposals” suffered an 11% loss after the capital controls were imposed. BEFORE Bank Holiday & Capital Controls: …

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Referendum YES-supporters will meet Tuesday evening at Syntagma Square outside the Greek Parliament, after NO-supporters organized a huge protest on Monday evening. YES-supporters are backed by opposition parties like New Democracy and a lot of mainstream media journalists. And not only! Some Greeks had a very unpleasant experience Tuesday morning …

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Credit ratings agency Standard & Poor’s downgraded Greece from CCC to CCC- and “negative outlook.” Further it warned of Default in 6 Months and put Grexit rates at 50%. S&P downgrade comes the day Athens imposed capital controls and a week-long bank holiday. “We interpret Greece’s decision to hold a …

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IMF’s Managing Director Christine Lagarde finally found the needed strength to express her view on Greece’s Referendum. Speaking to BBC, Lagarde said that next Sunday (July 5th) referendum will not be valid as the creditors’ proposal and program end on June 30th. “I can’t speak for the IMF program, because …

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“Finally, he did something! I don’t know if it is good or bad, I cannot think of the consequences right now, but Tsipras finally did something,” Nikos tells me Saturday afternoon, a couple of hours after Greek Prime Minister Alexis Tsipras announced a Referendum on creditors’ proposals. I asked around …

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It started with a false claim and soon spread like wild fire. The claim on Friday evening was that a certain Greek bank had limited cash withdrawals from ATMs. The claim ‘coincided” with the fact that it was a pension payday and people had gone to the ATMs to withdraw …

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Below is the full text of Greek Prime Minister Alexis Tsipras announcing and justifying the Referendum on Creditors’s proposal. The Referendum will be held on Sunday, July 5th 2015. Today, Saturday, the Greek parliament will vote to adopt the government proposal on Referendum. Debated stated at 12 o’clock noon and …

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Athens – Live blog started 12:51 Greek Prime Minister Alexis Tsipras is expected to address the nation still tonight. According to Greek media, Tsipras is to announce a Referendum that most likely is expected to be held on Sunday, July 5th 2015. Currently PM Tsipras is briefing opposition party leaders on …

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Famous infamous Goldman Sachs analyzed the options for Greece should the negotiations with creditors end in never to loose impasse. GS’ chief European economist Huw Pill sat down in his dark room, contemplated for a long time over the Greek Plight and Plague and piled together a thoughtfully researched report. …

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Crucial day for Scotland today. The referendum on independence from United Kingdom has already begun. What would it mean if the majority of Scots vote Yes? Can the new and Indepentent Scotalnd turn into Greece? An opinion article by Costas Panayotakis, Professor of Sociology at the New York City College …

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An unofficial referendum about the water privatization was held in Thessaloniki on Sunday. The ballot boxes were set up outside the polling stations where citizens cast their vote municipality and regional elections. According preliminary counting results, a total of 12,875 citizens cast their vote in the unofficial referendum ballot boxes. …

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The Greek prime minister who took the country to the IMF, George Papandreou gave an interview to US-based TIME magazine. Talking about Greece to had become the first euro zone country to be forced to accept painful austerities in exchange for bailout loans, Papandreou told TIME, “I think it couldn’t have been avoided. We …

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Greece is in uproar after French President Nicholas Sarkozy and German Chancellor Angela Merkel imposed the date and the referendum question and froze the 6th aid tranche of 8 billion euro until Greeks say YES to referendum. It was short after midnight when Merkel and Sarkozy announced the referendum conditions …

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