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Read statement by Greek leader Alexis Tsipras accusing Europe of 'blackmail'
Greek Prime Minister Alexis Tsipras triggered a last-minute scramble by slamming a draft proposal from Europe and the International Monetary Fund on how to rescue Greece. Tsipras said he would put the question of whether to accept the proposal to the Greek people in a referendum on July 5. Then on Sunday, after it became clear the European Central Bank would not -- or could not -- do enough to prop up Greece's financial system, Tsipras announced that the banks would close starting Monday. What follows is the text of his defiant statement, edited for clarity. Yesterday's decision by the Eurogroup to withhold approval ... (full story)
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