The iraq army prepares a new offensive. Chile win south americas top prize. A penalty shot to argentina giving them their first ever major title. Its a crucial day for greeks voting either yes or no in a wrench did you to decide their Economic Future. Alexis tsipras and his finance minister urge a no vote. Whats the vote actually about . Now, it will be decide whether or not greeks accept International Creditors tough proposals for more austerity measures in exchange for much needed rescue loans to pay off its huge debt and avoid a banking collapse. The european commission, the creditors along with the international mop tear fund wants taxes raised and spending slashed to meet debt obligation. That debt stands at 340 billion euros. The creditors were accused of fear mongering. It was described as a form of terrorism. E. U. Leaders warned greeks that a no vote could mean crashing out of the euro zone altogether. Voters are divided. Lets hear from our correspondent, jonah hall up athens.
Copa america triumph host chile celebrate their first major football victory. First greeks are voting either yes or no in a referendum which will determine their economic future. The Prime Minister Alexis Tsipras and his finance minister are urging a no vote. The vote will decide whether or not greeks choose to accept the cores proposals for more austerity in exchange for rescue loans that are much needed. They need these loans in order to avoid a default and a banking collapse. Jonah hall report now from the greek capital athens. From the country that gave the world democracy the world democracy comes a referendum that may mean the world to greece. We cannot to continue with these rules. I dont agree, i want to be in europe. Ok, ok. It is a simple yes or no that has set greeks apart between those who fear losing what theyve got and those who feel they have nothing left to give. On the face, it is just a vote on the terms of the new bailout for greece, yes were prepared to accept the t
Not made chicago, eight people left dead all eyes on vancouver, where its the u. S. Versus japan in the final game of the world cup. We begin in greece where the people have spoken and for the most part the word is no. That National Referendum more than 60 voting against accepting a bailout from the european union. It was decisive it was clear cut. The countrys economy still as uncertain as ever. Barnaby phillips begins our coverage from athens. This is an act of defiance people lining up warned its a choice wean the euro and the drachma. Greeks saw it as a vote on austerity and a vote on what they persoef to be five years of ruin us policy bringing about an extraordinary economic contraction. But what happens next. Alexis tsipras believes hell go back into negotiations with European Partners with a strengthened mandate, that he can bring up areas like debt relief. European government and its no secret they hoped the referendum would result in the downfall of Alexis Tsipras and the gov
Finals of the world cup. We begin tonight with that decision in greece to up the antein its standoff with the European Union. The overseas markets already reacting to todays vote of no. In Sundays National referendum 61 of the country voting against accepting that bailout from the European Union. The result was decisive and clear cut. A stark contrast. Alexis tsipras meets with his cabinet. Barnaby phillips that is story glch european leaders were lining up over the last six days urging them to vote yes and warning this this was a choice between the euro or the drachma. The greeks didnt see it that way. They saw it as a vote on what they perceive to be five years of ruinous policies imposed on this country which have brought about ang an extraordinary contraction. But what happenscontraction. Alexis tsipras believes he will go back into negotiations with european partners, with expanded powers. They hoped this referendum would result in the downfall of the Alexis Tsipras and the syriza
Take home a third world cup. This is Aljazeera America live from new york city. Im bisi onileere. There is uncertainty in a number of capitals that come after greece rejected a bailout deal in a nationwide referendum. The no Campaign Victory in which he played a big part, the greek finance minister refined. Yanis viewpoint said his participation could prevent a deal being reached. 61 said no to the proposal, 39 said yes. Euro zone leaders meet tomorrow to determine whats next for greece. The resignation is very much a concession to creditors. He made himself very difficult to talk to. He had created enormous dislike across the table with his interlock at yours across knew that. All of his ideas have been nonstarters. Now the greek government has to start the business anew of getting down to reaching an agreement along the terms outlined by the creditors in their various reports on the Greek Economy but also laid down in the week before last, and that week long series of euro Group Meet