Greece Debt Crisis: #ThisIsACoup Trends Following Germany's Far-Reaching List Of Demands
#ThisIsACoup trended on Twitter Sunday after Germany's long list of demands for Greece, which is seeking its third bail out in five years to keep its economy afloat without having to leave the eurozone. Many demonstrators gathered at Athens' Syntagma Square in support of a Greek exit from the eurozone, or a Grexit as many are calling it.
Greek and German leaders gathered this weekend for an emergency summit hoping to hammer out a framework for an agreement that could lead to Europe providing Greece with economic support, but only after Athens agrees to several far-reaching demands that would essentially cause it to give up its fiscal sovereignty. Those demands include selling more than $50 billion worth of Greek state assets, passing numerous measures by July 15, and agreeing to tough conditions on pensions and taxation, the New York Times reported.
"What is at play here is an attempt to humiliate Greece and Greeks, or to overthrow the Tsipras government," Dimitrios Papadimoulis, vice president of the European Parliament and member of Greece's ruling Syriza party, told Mega TV, according to Ekathimerini.com.
The extensive list of demands is seen by many as a strategy by Germany and others in the eurozone to force Greek Prime Minister Alexis Tsipras to resign. Tsipras, however, has said it is his mandate to see the negotiations to their end and he told U.S. Treasury Secretary Jack Lew Sunday he wanted a deal that "respects the Greek people.”
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