Arab Today, arab today greece warns of referendum ahead of debt deal meeting
Last Updated : GMT 14:02:48
Arab Today, arab today
Arab Today, arab today

Greece warns of referendum ahead of debt deal meeting

Arab Today, arab today

Arab Today, arab today Greece warns of referendum ahead of debt deal meeting

Greek Finance Minister Yanis Varoufakis
Athens - AFP

Greek Finance Minister Yanis Varoufakis upped the stakes sharply ahead of Monday's crucial Eurogroup meeting in Brussels by raising the prospect of Greece holding new elections or even a referendum on any debt deal.
If eurozone ministers fail to accept seven major reforms Greece has put forward to unlock the next tranche of its much-needed bailout, "there could be problems", Varoufakis warned in an interview with Italian newspaper Corriere della Sera on Sunday.
"We can go back to elections. Call a referendum," he told the daily. "But, as my prime minister told me, we are not glued to our seats yet."
The last time Greece threatened a referendum on its bailout in November 2011, it sent global markets into panic, infuriated its European partners and led to the fall of then prime minister George Papandreou.
Varoufakis later slammed reports he was calling for a vote on whether to stay in the euro, claiming they were a part of "willful attempts to undermine the good course" of the Greek government's  discussions with its partners.
A source in the Greek government also denounced what it termed a media "deconstruction of Varoufakis". The finance chief has been criticised in Greece for his media omnipresence, with Prime Minister Alexis Tsipras telling him and other ministers to give fewer interviews, urging "fewer words and more action".
The thinly veiled referendum warning was echoed by Panos Kammenos, the leader of the radical leftist Syriza government's coalition allies, the Independent Greeks.
"If our creditors raise a question about the support of Greek people, a referendum is an option," Kammenos, the defence minister, told the Agora newspaper.
The huge public support enjoyed by the hard-left government has slipped markedly from 83 percent last month to 64 percent, according to a Marc poll published Saturday.
Varoufakis dismissed reports Greece was hoping to secure a new loan in his interview with the Italian media, given on the sidelines of a conference in Venice. He said the country would "not return to the mechanism of loans in exchange for a programme to be respected."
And he accused the European Union of hampering Greece's efforts to pull clear of a deep recession by spooking investors with warnings that Athens could crash out of the eurozone.
- 'War with the lenders' -
There was further fighting talk from Interior Minister Nikos Voutsis. He told parliament Friday that Greece "is at war with the lenders... Every month the leash is getting tighter for us. But in this war we won't proceed like happy scouts ready to follow bailout policies."
The Greek ministers' comments came as the European Central Bank took a hard line ahead of the Brussels meeting, saying it would not allow Athens to take out any more of the short-term loans it has been using to keep public services going.
ECB director Benoit Coeure told the German newspaper Frankfurter Allegemeine Sonntagszeitung that "the ECB cannot finance the Greek government. We're not allowed to. That is illegal."
However, Eurogroup chief Jeroen Dijsselbloem, as well as European Commission head Jean-Claude Juncker,  took a much more conciliatory line with the Dutch finance minister responding "positively" to the reforms proposed in a widely-leaked letter from Varoufakis, according to Greek government sources.
The measures include plans to streamline bureaucracy, raise revenue from online gambling and, in a suggestion that drew scorn on social media, hire an army of amateur tax sleuths -- including tourists -- to help clamp down on tax dodgers.
Dijsselbloem stressed the need to continue talks on the reforms, the state-run Athens news agency said.
Juncker warned the EU on Saturday to recognise the gravity of the situation in Greece -- both for the country's impoverished citizens and for the wider risks to the eurozone.
"We must be sure that the situation does not continue to deteriorate in Greece. What worries me is that not everyone in the European Union has understood how serious the situation is," Juncker told German paper Die Welt.
With reports last week of officials looking at borrowing money from state pension funds and EU farm subsidy payments to meet the country's huge debts, the Greek daily Kathimerini warned of "internal bankruptcy".
It claimed that according to official estimations, the Greek public sector needs around one billion euros more than had been planned to cover its obligations.  

 

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today greece warns of referendum ahead of debt deal meeting Arab Today, arab today greece warns of referendum ahead of debt deal meeting

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today greece warns of referendum ahead of debt deal meeting Arab Today, arab today greece warns of referendum ahead of debt deal meeting

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today Ryanair's O'Leary: Could ground more planes

GMT 06:49 2017 Friday ,22 September

Ryanair's O'Leary: Could ground more planes
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Huthis stage defiant rally 3 years

GMT 05:29 2017 Friday ,22 September

Huthis stage defiant rally 3 years
Arab Today, arab today Saudi Arabia to unblock internet calling apps

GMT 11:31 2017 Wednesday ,20 September

Saudi Arabia to unblock internet calling apps
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Ministry seeks to improve education

GMT 14:49 2017 Sunday ,17 September

Ministry seeks to improve education
Arab Today, arab today All eyes on May as she prepares

GMT 10:16 2017 Friday ,22 September

All eyes on May as she prepares
Arab Today, arab today Puerto Rico, Virgin Islands brace

GMT 12:01 2017 Wednesday ,20 September

Puerto Rico, Virgin Islands brace
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Mercedes pumps 1 bln euros    

GMT 06:04 2017 Friday ,22 September

Mercedes pumps 1 bln euros    
Arab Today, arab today Intel chips loaded in Waymo

GMT 14:43 2017 Wednesday ,20 September

Intel chips loaded in Waymo
Arab Today, arab today Youssra prepares for launching her  program

GMT 08:59 2017 Wednesday ,20 September

Youssra prepares for launching her program
Arab Today, arab today France hopeful of persuading Trump

GMT 06:21 2017 Wednesday ,20 September

France hopeful of persuading Trump

GMT 09:40 2017 Tuesday ,19 September

Actress Ream Hhagag prepares for a new film

GMT 18:09 2017 Thursday ,21 September

China lifts 10-year travel ban

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 19:18 2017 Monday ,18 September

5,000 'Dieselgate' deaths in Europe per year

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 18:03 2017 Thursday ,21 September

Alarm over flesh-eating ulcer cases

GMT 07:00 2017 Wednesday ,20 September

A no-frills business success

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 12:46 2017 Thursday ,21 September

Google likely to buy stake in Taiwan smartphone maker HTC

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday