ASSESSMENTS

Greece Taunts the EU With Austerity Referendum

Mar 10, 2015 | 09:31 GMT

Greece Threatens the EU with an Austerity Referendum
Greek protesters hold the flags of several EU member states outside the Greek parliamentary building in Athens in February.

(LOUISA GOULIAMAKI/AFP/Getty Images)

Summary

Finance ministers from the eurozone countries met in Brussels on March 9 to discuss Greece's latest proposals for economic reform. At the same time, key members of the Greek government suggested that Athens put the country's future to a vote should an agreement with its lenders fail. While the Greek statements were vague and quickly downplayed, in the coming months the government in Athens will come under more pressure, and the possibility of a referendum or early elections could become a reality.

Greece's Syriza party must decide whether to please its constituents or its eurozone lenders....

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