More EU chaos on horizon as Greek PM to unveil shock constitutional referendum

15 May 2017
583 Views

DEBT-HIT Greece is planning a shock referendum, with critics arguing it is akin to “dissolving the Constitution”.
Prime Minister Alexis Tsipras aims to send Greeks to the polls to vote on whether the electoral system should be changed.

One rival politician has already hit out at Mr Tsipras’ proposed referendum, which could take place this autumn, according to express.

MEP Kostas Chrysogonos said he opposed the vote, which he saw as “an attempt to dissolve the Constitution”.
New Democracy may even boycott the referendum if it takes place and encourage citizens not to vote – a bold move which would add another layer of chaos to a country still recovering from tough European Union bailout measures.
Last week Germany’s finance minister demanded Greece push through drastic reforms in the country’s public services in order to achieve their bailout payments.

Wolfgang Schäuble is tightening his grip on Greece as tensions in the country continue to rise due to the ongoing financial crisis.

Protestors took to the streets in recent days to react to more demands that the country cut pensions by up to 18 per cent.

And last week a shock document was released revealing the 140 EU orders Greece must obey before the release of the next instalment of its multi-billion-dollar bailout.

The extensive list of austerity measures, including crippling pension cuts and major tax rises, could devastate the stricken Mediterranean country already on its knees as it is scrambles to meet strict requirements.
Athens is desperately trying to repay €6 billion of debt by a July deadline to meet bail out criteria.
This will bring the total eurozone disbursements for Greece to a staggering €181billion since 2010.

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