just goes past. then and to prove the point, the referendum voted no and the government appears to have turned it into a yes by agreeing to the very thing that the referendum was against. so people here are saying hang on before we go i think it was a u.s. president that said reagan said trust but verify. that s what people are saying here verify then we might trust. absolutely. we will see what happens and if greece is able to remain part of the eurozone or not, or if there will be the grexit as it has been called. thank you, richard. keep us posted throughout the evening. also a lot of people asking with all of the evidence against bill cosby, why hasn t he been prosecuted? we will talk about the statute of limitations and all of the
integration. . it could expose the eastern flanks of russia and embolden ore anti-austerity parties. though the eurozone is two-thirds of greece s total 323 billion euro debt pile the country represents 2% of the gdp meaning the block is much better placed to deal with the fallout. we expect to be limited. we have been saying this for months. the reasons not only that the financial intersection with greece are pretty small, but also because we have a a pretty robust rescue and bailout architectre now in place. a grexit would have severe consequences consequences. new money would have to be printed. trade deals would expire and people could lose savings if banks fail. no legal precedent for exit from the monetary block, the country may have to leave the bigger union as well. definitely it will be much
greek prime minister alexis tsipras says his country is now in a better position to negotiate with creditors just after midnight there, the greek parliament voted to accept bail bailout reforms the voters rejected a week ago. the international monetary fund estimates that greece needs another $55 billion. the next step belongs to the euro group which meets in a few hours in brussels. greece leaving the eurozone is a possiblity if a unanimous deal isn t reached. how would the country return to its own currency? we look into that from london. reporter: yooupeurope is hoping for the best but planning for the worst. the commission is planning for everything. we have a grexit scenario prepared in detail. reporter: this economic won an award for a practical guide
more painful for greece. it will be the first time in history that the country will move from the second most important in the world to something that we have zero confidence. reporter: saying ghb to a weak member won t prevent the stronger ones from leaving. soon the uk will host its own referendum on membership, which could be more damaging than a grexit would ever be. cnn, london. live pictures here where we are looking at events there in srebrenica. the representative of the president of iran is speaking. let s listen in. the srebrenica genocide was a stigma attached to the history of humanity in the 20th century.
eurozone leaders say that greece has until sunday to agree on a new bailout plan but there is nothing on the the table. a meeting ended without any long term proposals from greece. prime minister alexis tsipras says he will have something by the end of the week. jean-claude juncker made it clear, his patience with greek negotiators is wearing thin. take a listen. the commission is prepared for everything. we have a grexit scenario prepared in detail. we have a scenario as far as humanitarian aid is concerned and we have and that s the scenario and we prefer a