Tsipras urges Greeks to say ‘No’ for bailout terms

Greece’s left-wing Prime Minister Alexis Tsipras shows his rejection to bailout terms, urging Greeks to say ‘No’ in weekend’s referendum

Photo by: Reuters
Photo by: Reuters

Updated Jul 28, 2015

Greek Prime Minister Alexis Tsipras on Friday said a ‘No’ vote for the referendum of the crisis-ridden country’s bailout terms with the international creditors would present a choise to “live in dignity in Europe.”

With no deal reached last weekend with the Greek efforts to secure an extension with the International Monetary Fund (IMF), Tsipras called his nation to vote in a referendum for bailout terms, offering proposals to reduce the pressure on bank balance sheets.

His remarks came during a speech to tens of thousands of supporters in Athens, ahead of the weekend's referendum, saying “no to blackmail and ultimatums.”

Greece’s left-wing Prime Minister Tsipras said to the crowd to say a "proud 'No' to ultimatums and to those who terrorise you," for the referendum which may decide the country’s future in Europe’s single currency.

Earlier this week, Tsipras said he believed that the international creditors have no intention of strengthening Greece’s prospects to leave the eurozone, which will result in a huge blow across the euro, encouraging his people for the weekend’s voting.

“I don’t believe that they want to kick us out of the euro and they won’t,” said the Greek PM.

“They won’t, because the cost would be huge.”

Greek citizens will confront a dilemma of an unknown outcome even after the result of the referendum.

Latest research shows that 47.1 percent seem positive to the creditors’ proposals, whereas the 43.2 percent lean towards voting “no.”

The diverged views continue to polarise Greek society as campaigning for the referendum quickly make their way into the media.

While the “no” campaign sports the title “I vote for No because democracy cannot be blackmailed,” it adds “On Sunday I vote for no because I hope and no longer fear.”

On the other hand, advertisements for the “yes” campaign strongly advised citizens not to trust the government. “Vote Yes for Greece, vote Yes for Euro,” it states.

The Greek stock exchange and banks remain shut down till at least July 6 and ATM withdrawals are limited to €60 a day, with an effort to bolster Greek credit controls after international creditors refused to extend the country’s bail out, financial industries reported.

TRTWorld and agencies