Dramatic developments in the political scenery in Greece. The government, after a cabinet which began as a government meeting, decided to call Parliament on Saturday and announce a referendum seven days thence. The government council began shortly after 9pm local, after Alexis Tsipras returned from Brussels. All ministers and deputy ministers decided to move forward with the referendum.

Information from Maximos Mansion state that everything was discussed, even early elections, but the referendum was preferred. With this choice, the government gives the choice to the people, while, at the same time, it is yet unknown on what exactly will happen with the ELA due to the 30^th of June, as well as the IMF tranche which needs to be paid by the end of the month.

Meanwhile, no one knows how “legal” the referendum within a week choice is, especially while the reaction of the institutions is yet unknown.

Before the PM’s announcement, the President and all other political leaders were informed.