Athens, June 30, 2015/ Independent Balkan News Agency
By Spiros Sideris
The extension of the program serves the common goal of reaching a mutually beneficial agreement to ensure the sustainability of public finances and debt, which will restore Greece to growth in the Eurozone, says Alexis Tsipras in his letter to European leaders.
The Prime Minister says that the referendum raises directly or indirectly any matter concerning the participation of Greece in the eurozone, saying that negotiations will resume July 6 in line with the decision of the Greeks.
The text of the letter:
“Dear President, Dear Prime Minister,
As you know, over the last five months of intensive negotiations that took place between the Greek government and institutions, as part of the decision of the Eurogroup of February 20 – for the economic assistance program in Greece.
On June 27, 2015, the Greek parliament approved by a qualified majority on a proposal of the cabinet for a referendum on July 5, 2015, which will allow the Greeks to decide whether to accept or not the proposals submitted by the institutions in our government as part of these negotiations.
To conduct the referendum in a peaceful and positive atmosphere that will allow the Greeks to take this very important decision without external pressure, the Greek Republic submitted – on June 27, during the Eurogroup meeting – a request for an extension of Main Economic Finance Facility (MFFA) for a period of one month from the date of its expiration. Negotiations will resume on July 6, 2015, with a view to reaching an agreement soon, in line with the decision of the Greeks. Unfortunately, for unclear reasons, this request was not accepted.
That decision, combined with the decision of the ECB that followed, has led to serious implications for the funding of the Greek banking system and liquidity of the Greek economy. I would like to emphasize that a referendum on these proposals, is a sovereign democratic right of the Greeks, necessary to ensure the ownership of the financial assistance program that will ultimately be agreed with the institutions. Furthermore, the referendum focuses only on the proposals of institutions and does not directly or indirectly raise any issue regarding Greece’s participation in Economic and Monetary Union, in which the Greek government is fully committed.
In this context, I would like to ask your government to reconsider its position on the issue and support the review of the request of the Greek Republic of eurozone finance ministers in anticipation of its approval. This decision will help to contribute to the common goal of reaching a mutually beneficial agreement to ensure the sustainability of public finances and debt, which will restore growth to Greece in the Eurozone”.