Tsipras wins Greece Referendum
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BY KYLE ANDREW BROWN
WASHINGTON, July 6 – Oh, to be able to understand Greek! It must have been quite the heady press conference Yanis Varoufakis gave out on Sunday after the Referendum votes were counted. Whatever choice words Yanis chose to ream out the Euro Group finance ministers must make for a delicious read.
In last week’s Bloomberg News interview we saw the awesome verbal skill and analytical gymnastics Yanis is gifted with for both simplifying what the Brussels careerists would deem too complicated. And his remarkable ability to stay on message even as journo Erik Schatzker battered Yanis with rapid fire questions hoping to corner him. Continue
2015-07-06
| Europe’s Unnamed Leaders |
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BY KYLE ANDREW BROWN
Berlin, July 6 – The German media has begun it’s full court press to shape public opinion in Europe following the unprecedented OXI : NO vote by Greek voters in Sunday’s referendum.
The mainstay Die Welt publication directs readers’ attention with this front page splash headline:
EU threatens violent Grexit dispute
The political dynamic of this Die Welt headline is meant to suggest that the European Union is some national government that has corralled together all it’s legislative members and all it’s executive cabinet ministers – now united! – ready to do violent dispute with the foreign enemy – the [illegitimate] Government of Greece. Read more
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International banks plan for Greece bankruptcy after NO vote
BY SEBASTIAN JOST and HOLGER ZSCHÄPILZ
The Greeks have rejected the previous rescue policies. This makes a state bankruptcy likely the fate of banks is uncertain. But a euro exit is not mandatory.
The Greeks have pushed Europe ahead of the head. With the clear majority they have – this is the state after counting of almost 95 percent of the vote – in favor to turn down the offer of European lenders. With the No they are also followed their government that had campaigned heavily for a OXI. Read more
Varoufakis on Referendum Result: ‘Greeks Returned Ultimatum to Creditors’
Athens, July 5 – “The ultimatum has been returned to to the creditors,” noted Yanis Varoufakis on Sunday night from Athens after the official results of the Greek Referendum showed that most Greeks say no to a previous take-it-or-leave-it proposal offered to the creditors.
“Today’s no is a big yes to a democratic Europe,” said a smiling Varoufakis.
After the landslide win of the NO vote he supported, Greece’s Finance Minister Yanis Varoufakis said that tonight Greece put an end to 5 years of bad medicine.
Varoufakis said that creditors wrongly believed that the bankruptcy of the Greek state could be averted with new loans the poor would have to pay.
“We said no to new loans unless we have restructured our old ones,” however, Varoufakis said that he fully supports real reforms that kill corruption.
The end of austerity and the restructuring of Greece’s debt was always a discussion creditors did not want to have, but now they will have to negotiate based on the resounding win of the NO vote.
Even with the fear that was spread through the “mass media of oligarchy” and with Greek banks closed in absence of ECB liquidity, Varoufakis noted that the vast majority of Greeks still said a big NO to the creditors’ previous proposal.
“We are ready to sit at the negotiations table and we are looking forward to holding discussions with the ECB who kept a neutral position, and the IMF that agrees with our position of debt restructuring and the European Commission that could play a positive role for Greece.
– See more at: http://greece.greekreporter.com/2015/07/05/varoufakis-on-referendum-result-greeks-returned-ultimatum-to-creditors/#sthash.KAkIXsdK.dpuf
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UPDATED: 2015-07-06 @ 11:45 a.m. EST
| Special Reports |
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Europe’s Greece Ultimatum Special Report
- Referendum – 07/05 Today
- Extending and Pretending – 07/04
- No More Pay Day Loans – 07/03
- Yanis Varoufakis: Bloomberg Interview – 07/02
- Now Default – 07/02
- Brussels Sends Greece Packing – 06/30
- Brussels Greece Summit
- Europe’s Driftless Pursuit of Debt Collection
- Yannis Varoufakis: Merkel Must Decide
- Grexit – Political Analysis
- Time Running Out
- No New Loans
- Europe’s Shell Game
- Politics of Resentment
- Greek Stare Down
- Dignity, Justice and Equality
- Moscow Pays Athens
- Team Tsipras
- Bankruptcy Threatens
- EU Losing Patience
