Saturday, July 4, 2015

Greece debt crisis: Mass rival rallies over bailout vote

Greece debt crisis: Mass rival rallies over bailout vote




Prime Minister Alexis Tsipras was greeted with huge cheers when he told supporters to vote "No" to the terms of an international bailout.
But those attending another huge rally nearby warned a "No" vote would see Greece ejected from the eurozone.
A Greek court earlier rejected a challenge to the legality of the referendum and it will go ahead.
Greece's current bailout programme ran out on Tuesday. All week banks have been shut, with limits imposed on cash withdrawals.
The BBC's Chris Morris in Athens says this has become a choice about whether to stay in the eurozone. With so much at stake, he says, the rhetoric is getting nasty - no-one can even be sure whether Greek banks will be able to reopen next week as the government has promised.
Another war of words flared late on Friday when Finance Minister Yanis Varoufakis dismissed a Financial Times report that Greece was preparing contingency plans for a possible "bail-in" of bank deposits as a "malicious rumour". The report quoted sources as saying banks were considering a "haircut" of 30% on deposits over €8,000.
 http://www.bbc.com/news/world-europe-33391913

Tags:

axa

>

Advertise Here

Subscribe

Donec sed odio dui. Duis mollis, est non commodo luctus, nisi erat porttitor ligula, eget lacinia odio. Duis mollis

© 2013 SOURCE SHARING. All rights reserved.
Designed by SpicyTricks