FXStreet (Córdoba) – Speaking on television, Greek Prime Minister Alexis Tsipras said on Monday that Greece will survive even without a bailout programme.
Main remarks from Alexis Tsipras:
*Greece won’t abandon democracy
*Germany’s Merkel said there will be negotiations after referendum
*Creditors did not want compromise, but rather to impose their terms
*Greek banks were shut because there was the bailout program was not extended
*Creditors positions on Greek referendum are mixed
*Creditors don’t want Greece out of the Eurozone
*Costs of a Grexit will be huge for Eurozone
(Market News Provided by FXstreet)