Saturday, July 11, 2020
Home Uncategorized Greece's top court rules referendum to go ahead as planned

Greece’s top court rules referendum to go ahead as planned

Alexis_Tsipras Athens: The July 5 Greek referendum on the debt draft deal with creditors will go ahead as planned, Greece’s highest administrative court ruled on Friday.

The State Council was requested to examine the petition submitted by two citizens who questioned the legality of the referendum and asked that it be withdrawn.

Judges rejected the case over technical reasons and did not examine the essence of the objections as to whether the referendum was constitutional or not, Xinhua news agency report.

According to the argument of the two citizens, the referendum is unconstitutional, because Greece’s constitution clearly states that referendums on fiscal matters are not allowed to take place.

In addition, they claimed that part of the question was not entirely clear to all voters and argued that the short notice does not allow citizens to be fully informed on the consequences of their choices.

Greek Prime Minister Alexis Tsipras’s call for the referendum, as five month negotiations on the terms of a reforms for cash deal had hit an impasse, triggered dramatic developments in recent days that have fuelled fear that Greece was getting closer and closer to default and Grexit or exit from the eurozone.

With banks closed and capital controls introduced since Monday and with no financial aid from creditors, the Greek government has urged people to vote “No”, arguing that this outcome would boost Greece’s bargaining position from next week.

With Greece’s banking association chief Louka Katseli admitting on Friday that ATMs will run out of cash on Monday, Greeks fear that “No” means that the banks would not reopen on Tuesday and the situation will deteriorate.

Opinion surveys show that Greeks are almost evenly divided heading to the referendum.

(IANS)

STAY CONNECTED

18,990FansLike
362FollowersFollow
1,785FollowersFollow

Most Popular

Used Rolls Royce For Rental In Dubai

Dubai has become a home of luxury cars and talking of luxury cars, the Rolls Royce brand totally dominates the list of the top...

All You Need to Know About Judaism

The rich heritage of law, culture, & tradition make Judaism one of the most revered religions. It is one of the oldest religions that...

WHO Launches Program to Help 1.3B People Quit Smoking

The World Health Organization (WHO) announced that it was launching an initiative to help 1.3 billion global tobacco-users quit the habit during the ongoing...

Ashtottaram 6: OṀ PUṆYABHŨMYAI NAMAH

By Dr. Devakinanda Pasupuleti There is no equivalent word to puṇyam in English other than 'sin' for pāpam. In India everyone knows what puṇyam means....

Business and Finding Ways of Survival During Covid

The three-month-long lockdown has already created a deep hole in our economy with every sector and individual being hit. Even though India has entered...

Here’s How You Can Study Abroad in Year 2020

You have an admission letter to the institution of your choice for September 2020 but don't know what to do with it? Shireen Ardeshir, an...

How to Move Safely Across Country During COVID-19

The novel coronavirus (COVID-19) has had a huge impact on everyday life for people across the United States. People have been advised to practise...

Ageing, Muscle Mass and Your Health

We've all battled with a lid that just won't budge. Maybe we tried banging it on the counter or holding it under hot water,...

Recent Comments