1. Greek PM Alexis Tsipras threatens to resign over referendum result

Greek PM Alexis Tsipras threatens to resign over referendum result

Greek Prime Minister Alexis Tsipras has threatened to resign over a snap referendum's result on the country's debt crisis, saying that he would not stay in office to oversee more cuts if Greece votes yes.

By: | Updated: July 4, 2015 9:15 PM

Greek Prime Minister Alexis Tsipras has threatened to resign over a snap referendum’s result on the country’s debt crisis, saying that he would not stay in office to oversee more cuts if Greece votes yes.

According to BBC, Tsipras said that a clear vote against austerity will help the country negotiate a better settlement to the crisis.

Greece’s bailout expires on Tuesday, the same day it faces a deadline to repay a €1.6bn (£1.1bn) loan to the International Monetary Fund (IMF).

As the deadline nears, reports in Greece say that a last-minute offer was made by the creditors on Monday night.

Get latest news and updates on Auto Expo 2018, check breaking news on Budget 2018, like us on Facebook and follow us on Twitter.

  1. No Comments.

Go to Top