Referendum in Greece, the only solution? – Blueprint Capital

FXStreet (Barcelona) - The Blueprint Capital FX Team shares the key developments surrounding the proposed referendum in Greece, noting that a grown minority sees it as the only possible solution to the inconclusive talks.

Key Quotes

“German finance minister Schaeuble now says he favours a Greek referendum on the country’s euro membership as a way to break the long-term stalemate with Greek officials. The idea that the Greek people must choose to either accept the economic reforms set by its creditors, in order to secure extra bailout funds, or if they decide to refuse the conditions, they will ultimately have to leave the single currency all together.”

“A referendum is seen by a growing minority as the only way to bring the conflict to a head after months of inconclusive talks between the two parties.”