Published On: Sun, Jul 5th, 2015

Greece votes on high-stakes bailout referendum

greek-vote-630

 

ATHENS: Greeks started casting ballots early Sunday in the closely watched bailout referendum, with opinion polls showing people evenly split on whether to accept creditors’ proposals for more austerity in exchange for rescue loans, or defiantly reject the deal.

Polling stations are open until 7 pm (1600 GMT; noon EST).

Greek Prime Minister Alexis Tsipras is gambling the future of his 5-month-old left-wing government on the snap poll -insisting that a “no” vote would strengthen his hand to negotiate a better deal with the country’s creditors, and a “yes” would be a capitulation to their harsh demands.

The opposition accuses Tsipras of jeopardising the country’s membership in the eurozone and says a “yes” vote is about keeping the common currency….

READ MORE

DAWN

Read more about: , , , ,

About the Author

Wordpress site Developed by Fixing WordPress Problems