Advertise On EU-Digest

Anual Advertising Rates

7/4/15

Greek referendum: how would top economists vote? - by Katie Allen

Greeks go to the polls on Sunday to vote on whether to accept the bailout programme proposed by international lenders that would restart financial aid in exchange for further austerity and economic reform.

The government is urging people to vote no, with the finance minister, Yanis Varoufakis, saying it is time to end years of rolling over Greece’s bailouts and “pretending” its debts can be repaid.

But Eurozone leaders have insisted that if Greece votes no, it will be saying goodbye to the euro. Two former Greek prime ministers, Kostas Karamanlis and Antonis Samaras, both of the centre-right New Democracy party, are urging a yes vote, saying that a return to the drachma would kill the Greek economy.

Read more: Greek referendum: how would top economists vote? | World news | The Guardian

No comments: