Where now for Greece and the European Union?
That’s the burning question following the dramatic and overwhelming rejection by Greek voters yesterday of the terms of a new bailout and further austerity measures from its creditors.
The result leaves the country in uncharted waters, risking financial and political isolation within the eurozone and a banking collapse if creditors refuse further financial aid.
Adding further to the drama, Greek Finance Minister Yanis Varofakis resigned – claiming that some eurozone finance ministers preferred he was absent from meetings. Those finance ministers will today discuss the historic Greek referendum vote with the heads of the European Commission and the European Central Bank, while German chancellor Angela Merkel will meet French President Francois Holland.
Joining Sean this moring was Elmar Brok, German MEP with Angela Merkel’s CDU party, Anti Austerity Alliance TD Paul Murphy, in Athens, Haris Neoftytidis, general manager of the MET Hotel group in Thessaloniki and Helene Vetsika, originally from Greece and now living here.
Read More: Minister No More! Yanis Varoufakis, 6th July 2015