So it's official that the Greek government will hold a referendum over the new bailout terms.

My question to the Greek members is, will you vote yes or no?

While I agree that the austerity measures were clearly too harsh, the current goverment is gambling with the welfare of its own citizens. A grexit can in no way be better than accepting the bailout terms. So I hope the majority will vote yes.

I think it's a little coward that government wants to gamble so much just to wash their hands of the responsibility for it. No wonder greeks are close to a bank run situation.

Good luck for them, and all of us.

I'm not Greek and so this is a bit off topic , I saw an interview with an Australian Financial expert and he mentioned that contrary to what a lot of people think the Greek government had already cut pensions by a third and had done pretty much most of the cost cutting initially asked off them since the crisis came about 5 years ago, also a lot of Greeks who rely heavily on tourism think reverting back to the drachma would see a very favorable exchange rate against the major currencies and that would attract a lot more tourists and benefit the economy.

So maybe there should be an option to leave the Euro zone but stay in the union.

Not greek but I also think the vote is pathetic cowardice from the government and I feel for the greek people. The Greek government have found themselves unable to deliver on their ridiculous promises and now they want to isolate themselves from responsibility for the decision by passing the buck to the people. If they wanted the people to decide it should have happened months ago not after it is already too late.

They should just default and get it over with. Greece is bankrupt at this point, better off to cut your loses and simply move on.

Im not greek.

if they dont vote to accept it.... greece defaults right?.. bank systems in greece collaps ontop of that, due to bonds and deferred tax assets, the banks are sitting on. Without those assets, the European Central Bank-approved emergency loans keeping them afloat, will probably be cut off. That means bank systems collaps.

Greece is in a bad place, either option isnt fun.

They should have acted alot faster, and never have ended up in this position.

ohhh these idiots from The EU... the euro members will lose 100-200b euro just because those idiots wanted moar pension cuts and not higher taxes...

That money is always going to be lost, the question is should the EU throw more good money after bad, if Greece was a business the answer would be a resounding NO, but they aren't, millions of lives are affected. last financial review I saw even if Greek economy did well it would take a century to repay the debt, I think the EU has long accepted that they won't see their money, the question is how they manage the mess.

i'm voting no. EU wants the Greek goverment to find 8billions from taxes and other measures and i guarantee you that we wont make it and we'll just end up in the same position. So i think it's better if we just leave now from the eurozone and figure it out by ourselves.
Tbh, i think this vote is just a way for our government to pressure the EU for a better deal and in the end the outcome won't even matter.

how  can not lending money that would repay other loans you gave be throwing good money after bad money?

and it was all about 400m euro the imf and merkel wanted as pension cuts, while the greeks wanted them as higher taxes.

idiots...