GREECE : A LESSON IN DEMOCRACY ?

Tsipras has rejected the Plan of Financial Aid proposed by the EUROZONE and announced a Referendum on the terms of the Plan.

The Referendum will be held on Sunday, July 5 2015.   This could in fact lead to a "Grexit" !

History is almost repeating itself.  Already in 2011 the then Prime Minister Geoges Papandreou wanted a Referendum on the Financial Plan proposed by the Leaders of the Eurozone.  This led to a change of the Coalition in Greece and the Referendum, which would have been held two months later, was cancelled.

The Referendum on Sunday next week could therefore become a lesson in Democracy for the EUROZONE : it will be the Greek Electors who will decide their own future !

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