Economy

Demeter

(85,373 posts)

20. Greek Court Allows Vote on Bailout Package

Fri Jul 3, 2015, 04:51 PM

Jul 2015

The top administrative court of Greece declared on Friday that a referendum on a European bailout package is constitutional, allowing a potentially historic vote that could change the shape of Europe.

The ruling from the Council of State, which was expected, means the balloting can be held on Sunday as scheduled.

Earlier on Friday, Prime Minister Alexis Tsipras renewed his call for Greeks to reject the terms of the bailout offer from the country’s European creditors, warning voters against caving in to “blackmail.”

“I ask you to say no to ultimatums, blackmail and fear-mongering,” he said in a televised address. “No to divisions, no to those who want to spread panic.”

http://www.nytimes.com/2015/07/04/world/europe/alexis-tsipras-greece-debt-crisis-referendum.html

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