Tsipras gambles Greece

The Greek PM is offering the people a choice between bad and extremely bad. Capital controls are likely before a July 5 vote on the creditors’ terms. It’s not clear their offer will be on the table even if the people want it. If they don’t, the drachma and more misery lie ahead. By Hugo Dixon.

http://www.breakingviews.com

Tsipras goes for referendum on 5 July. By Paul Mason

Here’s a quick recap — and why its likely Greece will vote no.

medium.com
Greeks Line Up at Banks and Drain ATMs as Tsipras Calls Vote

“I’m here to take my mother’s pension out before the machine runs out of cash,” said Erato Spyropoulou, who was standing in a line of about eight...

www.bloomberg.com
Greek PM Alexis Tsipras calls referendum on bailout terms

Prime minister returns from Brussels and tells Greece that terms offered by creditors ‘clearly violate the European rules.’

www.theguardian.com