Greece Announce Referendum: “Let The People Be Heard!”

Greek Prime Minister Alexis Tsipras has announced that Greece will hold a referendum on the state’s sovereignty on July 5 2015.

Speaking to parliament, Tsipras said that Greece does not need to seek permission from anybody, and to let the Greek people speak and have their voices heard.

“The day of truth is coming for the creditors, the time when they will see that Greece will not surrender, that Greece is not a game that has ended,” he announced, and called on all Greeks to reject what he calls an “ultimatum” with a “resounding NO.”

The message from a number of Finance Ministers today-with a number of exceptions–was that #democracy should be stifled. #Greece #vouli

— Alexis Tsipras (@tsipras_eu) June 27, 2015

We don’t need to ask permission from Mr. Schäuble or Mr. Dijsselbloem to let the voice of the Greek people to be heard. #Greece #vouli

— Alexis Tsipras (@tsipras_eu) June 27, 2015

Rt.com reports:

The head of the International Monetary Fund meanwhile said that creditors “will continue to work” to keep Greece within the single currency zone. She said the Eurogroup “always showed flexibility to adjust to the new political and economic situation in Greece,” rejecting Tsipras’ claims that his country was facing an ultimatum.

“I certainly hope that the bundled payment due to the IMF on Tuesday night, at the latest, will be paid,”Lagarde told CNBC in a separate interview.

The EU Council President Donald Tusk also warned that Athens must stay within the single currency zone no mater what the outcome of the referendum might be.

“Greece is and should remain euro area member,” Tusk tweeted after eurozone finance ministers refused to extend the bailout agreement on Saturday, adding he remains “in contact with leaders to ensure integrity of euro area of 19 countries.”