Late Sunday night in Athens, the much anticipated results of the referendum, called for by Greek Prime Minister Alexis Tsipras, came out marking the victory of “No” voters with a decent 61.31 pct. This translates to a widespread rejection of the austerity conditions imposed by the Troika on any form of bailout to Greece. Today morning in Strasbourg, Tsipras spoke triumphantly to the European Parliament of the referendum results urging the European Union (EU) leaders to listen to what the people of his country have to say. In support of the Greek people’s decisions and Tsipras’ firm rejection of the Troika’s harsh conditions, a few members of the European Parliament (MEPs) displayed signs saying “NO” or “OXI” -meaning ‘no’ in Greek. German Chancellor Angela Merkel, who represents Greece’s largest loaner, remains hesitant about reaching a compromise regarding a future bailout unless she sees solid proof of Greece’s willingness to put in effect serious economic reforms. Moreover, she refused a write-down as an option, considering it illegal. Tsipras heavily criticized former bailouts that turned Greece into an “austerity laboratory.” He argued that such experiments have not been successful and must thus…
