00:40Greece: Huge anti-austerity banner unfurled on finance ministry in Athens
Anti-austerity activists unfurled a huge banner on Greece’s finance ministry building in Athens, Wednesday, reading “No blackmail austerity”, ahead of the upcoming referendum on whether or not Greece will accept their creditors' loan conditions. The action comes as campaigns for and against accepting the creditors conditions gather momentum before the referendum on July 5.
The Greek people will hold a referendum on Sunday on whether to accept the austerity measures imposed by the so-called "troika" (IMF, ECB, EC). The Greek government closed the country's banks on Monday, as well as imposing limits on withdrawals until July 6.
In the referendum a 'No' vote by the Greek people would reject new austerity measures that are demanded by Greece's creditors, while a 'Yes' would accept the institutions' conditions for a new Greek bailout package.
00:40Anti-austerity activists unfurled a huge banner on Greece’s finance ministry building in Athens, Wednesday, reading “No blackmail austerity”, ahead of the upcoming referendum on whether or not Greece will accept their creditors' loan conditions. The action comes as campaigns for and against accepting the creditors conditions gather momentum before the referendum on July 5.
The Greek people will hold a referendum on Sunday on whether to accept the austerity measures imposed by the so-called "troika" (IMF, ECB, EC). The Greek government closed the country's banks on Monday, as well as imposing limits on withdrawals until July 6.
In the referendum a 'No' vote by the Greek people would reject new austerity measures that are demanded by Greece's creditors, while a 'Yes' would accept the institutions' conditions for a new Greek bailout package.