France and Germany have given Greece an ultimatum – accept the bailout deal or leave the Eurozone.
Greece is expected to hold its referendum on the 4th of December but it won’t get another cash injection from the EU and IMF until the result is known.
The Greek public is already fed-up at swingeing cuts and there are fears they will reject the referendum, sending the Eurozone into chaos and threatening another global financial meltdown.
- Advertisement -
But Papandreou says he’s confident that the Greek people will vote in favour of the bailout.
+
