×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Sunday
28
Dec 2025
weather symbol
Athens 16°C
  • Home
  • Politics
  • Economy
  • World
  • Diaspora
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Mediterranean Cooking
  • Weather
Contact follow Protothema:
Powered by Cloudevo
> Politics

Euro leaders: 'No' probably means Grexit

Matteo Renzi: 'Greek referendum won't be a derby EU Commission vs Tsipras, but euro vs drachma. This is the choice'

Newsroom June 29 08:23

Most high-profile European leaders didn’t mince their words on Monday in the wake of the weekend’s dramatic twin “Grecian surprises” — a snap referendum and week-long capital controls — with the consensus being that the July 5 plebiscite will essentially decide Greece’s membership in the euro zone.

German Chancellor Angela Merkel and French President Francois Hollande said they will not offer the radical leftist government in Athens any more concessions.

Hollande said the surprise and urgently organized referendum will determine whether Greece can stay the 19-country euro area, whereas Merkel said Europe’s credibility was at stake with its response.

“If the euro fails, Europe will fail,” Merkel said in an address in Berlin. “That’s why we have to fight for these principles. We could maybe set them aside in the short term. We could maybe say we’ll just give in. But I say: in the medium and long term, we will suffer damage that way.”

On his part, Hollande acknowledged that it’s a sovereign right of Greece to hold the poll, before warning: “what’s at stake is serious,” he said after an emergency Cabinet meeting in Paris.

“It’s about knowing if the Greek people want to stay in the euro zone … That is their place, in my eyes, but it’s up to them to decide. Or they take the risk of leaving.”

European Commission President Jean-Claude Juncker was even more emphatic, saying that “you shouldn’t commit suicide because you’re afraid of dying; You should say ‘yes’ regardless of what the question is… A ‘no’ vote in the referendum “will mean that Greece is saying no to Europe,” he underlined.

European Union President Donald Tusk also warned the leftist government that a “no” vote won’t give them more leverage to seek a better deal with creditors.

He told reporters in Brussels that “every government has a right to hold a referendum, therefore, we respect the Greek decision … However, one thing should be very clear: if someone says that the government will have a stronger negotiating position with the ‘no’ vote, it is simply not true.”

He added: “I’m afraid that which such a result of referendum, there will be even less space for negotiation.”

>Related articles

Dendias responds to the Turkish Ministry of Defense: Greece does not threaten, but is determined to defend its sovereign rights

Telephone conversation between Gerapetritis and Abdelati: Greece, Cyprus, and Egypt trilateral soon

Hadjivassiliou: The Trilateral proved that the cooperation between Greece, Israel and Cyprus has strategic depth

From Rome, Italian Prime Minister Matteo Renzi, one of the more friendlier European leaders vis-a-vis the SYRIZA government, said the Greek referendum was a choice on whether to stay in the euro zone.

“The point is: Greek referendum won’t be a derby EU Commission vs Tsipras, but euro vs drachma. This is the choice,” Renzi wrote on Twitter, and in English.

Finally, former French President Nicolas Sarkozy was caustic in his criticism of Greek PM Alexis Tsipras.
“Due to the irresponsibly of its prime minister, Greece has suspended itself from the eurozone,” he added.

Ask me anything

Explore related questions

> More Politics

Follow en.protothema.gr on Google News and be the first to know all the news

See all the latest News from Greece and the World, the moment they happen, at en.protothema.gr

> Latest Stories

Google prepares a new era for email: Users will be able to change their Gmail address

December 28, 2025

“You could see a man with a broken heart”: David Bowie’s final months

December 28, 2025

The legendary Brigitte Bardot died at the age of 91

December 28, 2025

The government says that an increasing number of farmers are willing to engage in dialogue

December 28, 2025

280,000 perpetual students deleted – 35,000 asked for an extension of studies

December 28, 2025

Haris Alexiou turned 75 on Thursday, choosing to mark the occasion away from public attention and in the company of close friends

December 28, 2025

One year of Donald Trump’s presidency: Developments during the first 365 days

December 28, 2025

Farmers’ road blockades: Positions on dialogue with the government and opposing stances on the issue

December 28, 2025
All News

> World

Google prepares a new era for email: Users will be able to change their Gmail address

Emails sent to the old address will continue to arrive in the inbox, and the original address will still be used to sign in to Google services such as Drive, Maps, and YouTube

December 28, 2025

One year of Donald Trump’s presidency: Developments during the first 365 days

December 28, 2025

Glasgow hospital launches investigation after wrong body cremated

December 27, 2025

Vehicle collision on Japan’s Kanetsu expressway leaves one dead, 26 injured

December 27, 2025

US call for restraint amid tensions between Saudi Arabia and the UAE in Yemen

December 27, 2025
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2025 Πρώτο Θέμα