The “Threat” of a Greek Referendum

The “Threat” of a Greek Referendum


After the Greek government rejected the proposal of Greece’s Creditors last Thursday (June 24), in the early hours of today (Saturday, 27, 00:30 am), Greek PM Alexis Tsipras announced a referendum for the Greek people to decide whether they will accept the proposals of the Creditors, or not. At the same time, the Greek PM said that will ask a small extension of the current program (ending on June 30) so to cover the financial requirements of the banks until the referendum.

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