June 27, 2015

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Tsipras Calls Nat. Referendum - Yes or No To Measures (and To Europe?) (VIDEO)

The events that have unfolded in Greece over the last few days are not only historical but have kept the Greek people at the edge of their seats. After a week of acrimonious talks in Brussels, Prime Minister Alexis Tsipras dismissed the creditors' proposals, calling them "blackmail", and flew back to Athens to huddle with his ministers. A little after midnight, he appeared on television to address the nation and announced plans for a referendum on July 5.
     "Our responsibility is for the future of our country. This responsibility obliges us to respond to the ultimatum through the sovereign will of the Greek people," Tsipras said in a televised address to the nation.
He said he would respect the outcome of the vote, but hinted that the demands made by Greece's creditors "clearly violate European social rules and fundamental rights", and said that if applied would asphyxiate Greece's flailing economy and aim to humiliate the Greek people.

Tsipras said he has informed French president Francois Hollande, German chancellor Angela Merkel and European Central Bank president Mario Draghi.

As most would understand, this story is still developing. HellaFrappe will be following the events throughout Saturday, especially when the Greek Parliament convenes to formalize the referendum. Stay tuned.

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