| Series Title | Kathimerini |
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| Series Details | 05.07.15 |
| Publication Date | 05/07/2015 |
| Content Type | News |
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Reports and early analysis of the results of the referendum in Greece on the 5 July 2015 on whether to accept or reject the bailout terms of the international creditors. 61.31% voted to reject the bailout terms, while 38.69% voted to support them. Prime Minister of Greece Alexis Tsipras said 'You made a very brave choice ... The mandate you gave me is not the mandate of a rupture with Europe, but a mandate to strengthen our negotiating position to seek a viable solution'. The result sent shock waves across Europe. Eurogroup President Jeroen Dijsselbloem said in a statement 'This result is very regrettable for the future of Greece. For recovery of the Greek economy, difficult measures and reforms are inevitable. We will now wait for the initiatives of the Greek authorities'. European Council President Donald Tusk announced that he would convene a special Euro Summit on the 7 July 2015 at 18h to discuss the situation after the referendum, preceded by a Eurogroup meeting of finance ministers. Greek Finance Minister Yanis Varoufakis announced on the 6 July 2015 that he was resigning from his position. Varoufakis said he was made aware of a preference by 'some European participants' of his absence throughout the inevitable and forthcoming negotiations. He was replaced by Euclid Tsakalotos. Prime Minister Tsipras Tsipras took part on the 6 July 2015 in a meeting of Greek political party leaders chaired by President Prokopis Pavlopoulos. Following the meeting a joint statement was issued (see the text via The Greek Analyst Blog in related hyperlinks below). The Governing Council of the European Central Bank discussed by teleconference on the 6 July 2015 the situation. It decided to maintain the provision of emergency liquidity assistance (ELA) to Greek banks at the level decided on 26 June 2015 after discussing a proposal from the Bank of Greece. However, the bank decided to 'adjust the haircuts on collateral accepted by the Bank of Greece' for ELA. The IMF said it stood 'ready to assist Greece if requested to do so'. Far-left and far-right politicians across Europe welcomed the result of the referendum, although for differing reasons. Discussions between German Chancellor Merkel and French President Hollande took place on the 6 July 2015 to discuss an agreed strategy in advance of the Euro Summit planned for the evening of 7 July 2015. |
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| Source Link | Link to Main Source http://www.ekathimerini.com/198971/article/ekathimerini/news/official-projection-shows-no-vote-surging-ahead |
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| Countries / Regions | Europe, Greece |
