Dijsselbloem: no advice for Greeks on how to vote

Pavlopoulos was to make his first visit to Germany since being elected president on Tuesday, meeting President Joachim Gauck in Berlin.

Pavlopoulos, a conservative law professor and veteran politician, was elected as head of state in February.

“Eurogroup united in decision to wait for the outcome of the Greece referendum before any further talks”, Slovakian Finance Minister Peter Kazimir tweeted after a conference call with colleagues.

Luis de Guindos has told Spain’s Cadena SER radio that a “yes” vote would amount to a vote of no confidence in the Greek government. “They are to blame for the situation we are in now”, said pensioner Thanos Stamou.

” “It is regrettable for Greece that the EFSF programme will expire today without any follow-up arrangement and that the positive results of the programme are put at risk”, its boss Klaus Regling said in a statement”.

He cited “the political situation, the rejection of the previous proposals, the referendum, which will take place on Sunday, and the “no” advice of the Greek government”.

That’s up from less than 60 billion euros in February, when the European Central Bank cut Greek banks off from normal refinancing because of the newly elected government’s opposition to reforms linked to the country’s bailout.

“Difference is a myth they nurture”, he said.

Many economists think Greece should get debt relief to allow the economy to breathe. Asked on Bloomberg TV if he would stay on as finance minister in the event of a “yes” vote, he said: “I will not”.

It also needed significant debt relief, as said by a preliminary draft of the fund’s latest debt sustainability report, which underlines the scale of the problems facing Athens, whatever the result of Sunday’s referendum is.

Four members of the right-wing Independent Greeks, uneasy bedfellows whose 13 votes Mr Tsipras’ left-wing Syriza party needs for a majority, defied him in the space of 24 hours by urging Greeks to accept more austerity in return for European money.

Fears of a Greek default have unnerved financial markets on concerns that it would ultimately lead to the country’s exit from the euro common currency.