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EU's Tusk warns of "no" vote in Greece

Monday, June 29, 2015 - 01:39

EU's Tusk says Greece will not have a stronger negotiating position by voting against bailout in a referendum. Deborah Lutterbeck reports.

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Tens of thousands of Greeks outside parliament rally behind a 'No' vote in a referendum called for July 5 on the terms of an aid deal offered by Greece's international creditors -- a result that risks pushing Athens out of Europe's currency union. This comes as Prime Minister Alexis Tsipras sits down with State TV -- saying that the more people that vote no -- the stronger the government's position will be when debt talks resume. (SOUNDBITE) (English translation) GREEK PRIME MINISTER ALEXIS TSIPRAS, SAYING: "The greater the percentage of the no's, the bigger shall be the weapons of the Greek government to re-launch the negotiations." Not so says European Council President Donald Tusk. (SOUNDBITE) (English) EUROPEAN COUNCIL PRESIDENT, DONALD TUSK, SAYING: "Every government has a right to hold a referendum, therefore we respect the Greek decision, and it is not my role to interfere in Greek domestic politics. However, one thing should be very clear: if someone says that the government will have a stronger negotiating position with the 'No' vote, it is simply not true. I am afraid that with such a result of the referendum, there will be even less space for negotiations." As people fill the streets in Athens, a Greek government official told Reuters that Greece is set to default on a 1.6-million-euro loan repayment to the IMF Tuesday.

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EU's Tusk warns of "no" vote in Greece

Monday, June 29, 2015 - 01:39