Economy 10:55 03/07/2015

Greek debt crisis: Major rallies due ahead of vote

Rival camps in Greece are set to hold major rallies in Athens ahead of Sunday's crucial referendum on an international bailout terms.
Prime Minister Alexis Tsipras is expected to be at one rally to support the "No" vote, opposing the terms.

EU leaders have warned that a "No" vote could see Greece leave the eurozone.

This has been a lightning campaign. Greece has been in deadlock with its creditors for months but only called the referendum last week.

The BBC's Chris Morris in Athens says there has been no referendum campaigning as such - just a few chaotic days as supporters and opponents of the governing Syriza party have jostled for position.

Campaigners are now racing to reach voters before time runs out, with "Yes" and "No" posters vying for space in Athens.
The rallies will try to define what the referendum is really about, the correspondent says.

One undecided voter, Costas Christoforidis, told AP: "If it's saying 'No' to austerity, then it's a 'No' from me too. But if we are rejecting Europe, I disagree with that."

Human rights body the Council of Europe has already said the referendum would "fall short of international standards" if held as planned, citing the short notice given to voters and the lack of clarity in the question to be put to voters.

Divisions in Greece have sharpened ahead of the vote. One poll cited by euro2day.gr said 47% of people were leaning toward a "Yes" vote, with the "No" camp at 43%. A previous poll suggested the "No" camp had a shrinking lead.

Mr Tsipras has said that a strong "No" vote will help lead to a "better agreement" with creditors.



Source Panorama.am
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