Greens welcome the Greek 'NO' to bailout proposals

Greens have welcomed the outcome of the Greek referendum, which has shown around two thirds of voters have said ‘No’ to European Union and International Monetary Fund bailout proposals for more austerity in exchange for rescue loans.

Caroline Lucas MP said:

“The Greek people have made a decision which must now be respected. This referendum has seen EU states do their very best to undermine the democratic will of the Greek people but it’s time to draw a line under the past and move onwards.

“History shows us that countries can escape crippling debt in a just way. In 1953, at London Conference, Greece was among the European nations signing a deal which allowed for the cancellation of German debt, to enable the country to grow again after the destruction of the Second World War. Europe needs to come together to offer the Greeks a deal which allows their country to be rebuilt.”

Molly Scott Cato, Green MEP for the South West, said:

“This referendum has provided an opportunity for all EU states to reflect on the balance of power between finance markets and democratic governments. We now need to see an urgent conference to address the issue of Greece’s debt with restructuring and debt relief a clear outcome. There also needs to be clear support for rebuilding the economy, especially by investing in sustainable sectors of the economy.”

 Michael Rosen posted this on his Facebook page today:
 
Standby for long grey files of Europe's elder statesmen
their wallets stuffed with the riches of
bad banking, offshore deals and weird deals
we know not of
standing solemnly in front of us
telling us that the Greek people
are mad, irresponsible,
and don't understand money.
Standby for them to tell us that the system
is essentially good and the Greek people
are essentially bad,
standby for them to tell us that their core belief
that money can create money is
wise and wonderful
and that the wicked Greek people
are betraying the law of nature
that whatever is lent must be given back
a hundredfold
and the law of nature that trees produce olives
is as nothing compared to that.