Close X
Saturday, November 30, 2024
ADVT 
International

Greeks Vote In Historic Referendum On Debt Deal

Darpan News Desk IANS, 05 Jul, 2015 12:08 PM
    Greek citizens on Sunday voted in a historic referendum to choose whether or not to accept a debt deal proposal tabled in late June by the country's lenders. The counting was underway after polling stations closed around 7 p.m., media reports said.
     
    The outcome may have a decisive impact on the country's future course and determine whether Greece will avert a looming disorderly default and possible Grexit which could shake the euro zone.
     
    Polling stations, about 19,000 in number, opened at 7 a.m. and closed at 7 p.m. The first official estimates by the interior ministry were expected at around 9 p.m., Xinhua reported.
     
    Earlier in the day, Greece President Prokopis Pavlopoulos appealed to the citizens to remain united regardless of the outcome of Sunday's vote, according to ANA-MPA news agency.
     
    According to the Greek ministry of internal affairs and administrative reform, about 8.5 million people were eligible to vote in the referendum. 
     
    Opinion surveys ahead of the voting showed that the electorate was evenly divided between "YES" and "NO". Polling firms did not conduct traditional exit polls outside polling booths as the result was too close to call. 
     
    The referendum would be considered valid if at least 40 percent of registered voters participate in the vote, TASS news agency reported.
     
    Casting their ballots on Sunday, all political leaders urged Greeks, irrespective of the results, to face the next day united to overcome the crisis.
     
    Ahead of the referendum, Greek Prime Minister Alexis Tsipras gave a call to the citizens to vote against the creditors' proposals for austerity reforms, thus throwing into question the country's continuance in the eurozone.
     
    He said the creditors' proposals were clearly violating the pan-European rules and the right to employment, equality and dignity. 
     
    He urged the Greek people to say "No" to the proposals and the "No" vote would be the chief argument which the government would use as the basis for improving the parameters of the agreement during further consultations with the creditors.
     
     
    Main opposition conservative party leader Antonis Samaras called on Greeks to "vote YES to Greece, YES to Europe."
     
    Greek Finance Minister Yanis Varoufakis, who has said that he will resign if "YES" prevails, said that Sunday's Greek referendum was an opportunity to show the entire world that "democracy and the euro can co-exist".
     
    Voters were given two ballots on Sunday, one with the question of the referendum and a blank one. Citizens were required to write a cross either in the box under their preferred response, or on the left or right of their response.
     
    According to unofficial estimates from the interior ministry shortly before the polls closed, the turnout was likely to reach 60 percent. 
     
    Opposition parties and citizens complained that the question was misleading and some people did not quite understand it.
     
    Tsipras, who called the referendum a week ago as five month negotiations with lenders had hit an impasse, reassured that on July 7 Greece will sign a deal and the banks which closed on June 29, when capital controls were imposed after the European Central Bank cut off emergency liquidity aid following his surprise call for the referendum, will reopen.
     
    Since July 1 Greece is already in arrears to the International Monetary Fund -- and without the safety net of the bailout programme that kept it afloat over the past five years -- is teetering on the brink of bankruptcy.
     
    According to the interior ministry, the Greek referendum cost about 20 million euros.

    MORE International ARTICLES

    Top Indian-american NSA Lawyer Rajesh De Returns To Private Practice

    Top Indian-american NSA Lawyer Rajesh De Returns To Private Practice
    Indian-American Rajesh "Raj" De has left his post as the top lawyer at the National Security Agency (NSA) to return to private practice as partner at the Washington law firm of Mayer Brown.

    Top Indian-american NSA Lawyer Rajesh De Returns To Private Practice

    Five Indian Students Injured In Saudi Car Accident

    Five Indian Students Injured In Saudi Car Accident
    Five Indian students in Saudi Arabia, returning home after appearing in their examinations, have been critically injured in a car crash, according to media reports.

    Five Indian Students Injured In Saudi Car Accident

    137 Killed In Yemen Bombings, Islamic State Claims Responsibility

    137 Killed In Yemen Bombings, Islamic State Claims Responsibility
    At least 137 people were killed in three bombing attacks in Yemen's capital Sanaa and in Saada province during Friday prayers, with the Islamic State (IS) Sunni radical group claiming responsibility.

    137 Killed In Yemen Bombings, Islamic State Claims Responsibility

    Indian-American Professor To Lead NYU's Prison Education Initiative

    Indian-American Professor To Lead NYU's Prison Education Initiative
    Nikhil Pal Singh, an Indian American professor, is leading a unique New York University initiative to bring college education to the inmates of a medium-security prison in New York state.

    Indian-American Professor To Lead NYU's Prison Education Initiative

    Still Shrinking: New Record Low For Extent Of Arctic Sea Ice: Monitoring Agency

    Still Shrinking: New Record Low For Extent Of Arctic Sea Ice: Monitoring Agency
    The U.S.-based National Snow and Ice Data Center says the ice appears to have reached its maximum spread for the winter.

    Still Shrinking: New Record Low For Extent Of Arctic Sea Ice: Monitoring Agency

    Beyond Bombing, Critics Ask: What's The Plan To Defeat The Islamic State?

    Beyond Bombing, Critics Ask: What's The Plan To Defeat The Islamic State?
    OTTAWA — A decision by the federal cabinet on renewing Canada's combat mission against the Islamic State is expected soon, but calls are getting louder for the Harper government to present a comprehensive war strategy beyond the military campaign.

    Beyond Bombing, Critics Ask: What's The Plan To Defeat The Islamic State?