(Faster than Cameron can say ‘In out’)
Greece Rejects Bailout Extension: Tsipras “Won’t Be Blackmailed”, Threatens Snap Elections
It appears as though Tsipras is set to turn the tables by threatening to effectively put euro membership to a popular vote.
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
The issue of timescale is relevant – since the referendum would take place after the repayment deadline, requiring the ‘creditors’ to agree to a bailout extension – which isn’t happening. In which case there would be no need for a referendum.
- Regime Change may be just what the EU is after
As we watch the drama unfold – awaiting the ‘final curtain’ on 30th June 2015 (although I suspect there will be encores), for those who want to understand HOW this all came about – the film Debtocracy may help. “Debtocracy” seeks the causes of the debt crisis and proposes solutions, hidden by the government and the dominant media.
It’s not just about Greece – this traces the social, economic and political factors globally – with an emphasis on Europe.