especially alexis tsipras. he tweeted, "we shall go forward with the faith of our people and our efforts and democracy and justice on her side." shortly after that, the greek finance minister also talked about what is going to becoming out next. he said "the location of greece at euro is nonnegotiable. europe will not be left in parallel currencies." i want to talk about reaction abroad to read joseph muscat, he is the prime minister -- a broad. joseph muscat, he is the prime -- he said that this is concerning, and we also heard bildt,rl told --- carl he said their choice is tragic. angie: ok, thank you so much. it is interesting that both suppress and the finance sipras and theth t finance minister saying that this is not an exit from the eurozone. we are going to hear more from alexis tsipras after this short break. ♪ frederic: whatever the situation at the end of the day, europe can handle this. the greek economy is totally different. so what is important to say is that greece is actually small, but it is

is alexis tsipras caving? and giving the stresses and the capital controls in place perhaps knows a prize? guy: that is the obvious reasoning,. . it was rejected by the greek people on the fifth. alexis tsipras campaign for that rejection, and now he is putting a plan that looks remarkably similar to that. i think it is fair to say that he has caved. he has caved in key areas, as well. we are going to see major vat reform, and reform. key areas that alexis tsipras has campaigned on. looks like he is backtracking as part of the plan. in essence, it will not be spun this way, but it does look remarkably like he has given into the creditor's demands. anna: the no vote we saw over the weekend, when the greek population that notice something similar. there were crucial differences around the debt. how is alexis tsipras going to get through his own party? i was a party going to react? guy: what we understand right now, as of five minutes ago, there was a meeting called around the corner at the party headquarters to

alexis tsipras speaking

we heard from alexis tsipras was strong language. reporter: the issue of debt forgiveness has come back into the spotlight after them statements made by alexis tsipras, but also by the international monetary fund. alexis tsipras says a no vote in sunday's referendum would give his government the stronger position in negotiations with international creditors. we are getting a clear picture of what he wants from those negotiations in terms of debt forgiveness. tsipras has called on creditors to except a 30% write-down of greek debt holdings. he was leading against a report issued by the international monetary fund on thursday. it claimed greece will need 50 billion euros of additional bailout money over the next three years. greece owes its creditors around 323 billion euros. that is around 175% of greece's roast domestic product. that is a heavy burden and promised her tsipras says that burden is -- and prime minister tsipras says that burden is unsustainable. germany is the biggest creditor in france is second, followed by italy. it

. >> alexis tsipras said he was preparing sweeping reforms. they brought accusations that he was done doing his job. >> it will be left to the farmer and portugal and the nurse in slovakia to pay off your debts. >> president of the european council made it how clear -- made it clear how urgent it was. >> it will mean the end of the negotiations with all of the possible consequences. >> europe is making no promises about preventing the exit. brent: that's where we are right now. as go to our correspondent in athens. alexis tsipras do the greek people believe he is going to present something tomorrow for the referendum? >> in any case the finance minister is back in athens from brussels and is working on the new proposals. there are no official statements from that but at least there are press reports. according to the press reports, prime minister suppress -- alexis tsipras is going to suppose among other things, cutting pensions and raising taxes. to the defense budget, it was a quite controversial issue in the last months. this is more or les

manus: pretty stern words from alexis tsipras. live pictures from the greek parliament where the debate is going through. they will vote on the measures put in front of parliament. the imf is continuing to criticize the deal, saying it fails to offer enough debt relief. let's get more detail with david in athens. david, let me start with you. alexis tsipras'comments were fariirly passionate talking about this is deal being done likened to a knife at his neck. is that going to impact the vote today/ ? david: i think this was an opportunity to make the case to the greek people. he also used an opportunity to talk about a number of the points in the plan that he consented to. he talked about broadening the tax base, raising the sale tax something that he called the rational but something that has to be done. he talked about pension reform, raising the retirement age. he said that the something that greece should have done. it is not progressive for a country to have people retiring at the age of 50. parliament is meeting now in commi

tsipras had his way... ..if alexis tsipras had his way, he's urging the electoral to vote no. what happens if that happens, if that's the outcome. >> well if alexis tsipras has his way. what he has promised to do is get on a plane and get back to brussels back to the talks he walked out on a week ago, and back to the document. he will then try to improve upon it with the renewed authority with the referendum that presumably if it's a no he'll interpret as strengthening his hand. he will then as he has said come back to athens within 48 hours of the result and have a concluded agreement with the ked tors which he'll have to ratify parliament. that will be i think, the legal act that enshrines greece remaining within a financial assistance package. don't forget the debate in parliament is something he avoided the first time around. he didn't want to split his party, consisting of moderate and hard line leftists. how much better an agreement can he bring back to keep the party united, is a question we have to ask. it's going to be difficult to improve on what he's already got. >>

what has alexis tsipras brought to the table tonight? max;: when the meeting started we heard from diplomats that the greek government and most of the members say members of the eurozone were very far apart. we don't know how much that changed because we don't have access to those meetings. one of the main things that the other eu leaders or the other euro leaders want to find out is how the referendum in greece has affected alexis tsipras's position, if at all. sarah: we have heard some chatter from the eurogroup had saying that greece could present some sort of interim funding proposal on wednesday. it would just be a temporary fix, wouldn't it? what has been the reaction? max: our understanding is that they will not make suggestions for a temporary fix a what kind of reforms they want to implement. structural reforms that is what is important for the other leaders. you are right. even if they have some sort of long-term plan, they will have to make sure that they find something interim to save the greek economy from going into complet

. >> alexis tsipras said he was preparing sweeping reforms. they brought accusations that he was done doing his job. >> it will be left to the farmer and portugal and the nurse in slovakia to pay off your debts. >> president of the european council made it how clear -- made it clear how urgent it was. >> it will mean the end of the negotiations with all of the possible consequences. >> europe is making no promises about preventing the exit. brent: that's where we are right now. as go to our correspondent in athens. alexis tsipras do the greek people believe he is going to present something tomorrow for the referendum? >> in any case the finance minister is back in athens from brussels and is working on the new proposals. there are no official statements from that but at least there are press reports. according to the press reports, prime minister suppress -- alexis tsipras is going to suppose among other things, cutting pensions and raising taxes. to the defense budget, it was a quite controversial issue in the last months. this is more or les

alexis tsipras is back in athens and back in the office. he needs to be. he has two days to push a very harsh bailout agreement through parliament. it can pave the way for the third rescue package in five years. eurozone leaders and german chancellor angela merkel says that the press must be under no illusions. there will be no new cash. >> one round of talks is over and then rest are getting underway. the 19 finance ministers are discussing immediate aid for greece as a stopgap measure until the bailout deal takes effect. there are a lot of loopholes to close and time is of the essence. >> we thought the beginning of the negotiations is automatic. it is absolutely conditional by the decision of the greek government and the greek parliament. the issue today will be bridge financing and i for see those negotiations being very difficult because i don't see many countries having a mandate to give money without recommendations. >> they're optimistic a breakthrough has been achieved that will force the greek government to take action. >> they have demonstrated

betty: alexis tsipras --mark: alexis tsipras agrees to tax increases. can you sell the deal to greek lawmakers who were elected to reject austerity? betty: did a less are nearing a deal to curb your's nuclear program but the foreign minister shakes his head no when asked if there will be an agreement today. users show their power. ellen pao resigns as the reddit interim ceo as readers complain. what is next for the website that bills itself as the front page of the internet. betty: good afternoon. mark: thank you for joining us. let's get a look at the markets at this moment. as

. >> alexis tsipras calls for a fair deal for greece as a final debt deadline looms. hello, this is al jazeera, live from doha. financial prices call in greece on the stock market >>> direct talks between afghanistan and the taliban >>> from beekeepers to doctors - how immigrants in australia are taking up jobs that can't be filled by locals. >>> european leaders say sunday is the final deadline for greece to secure a deal over its debt and save the economy from collapse. the european central bank said it has stretched its rules as far as they can, and will cut off greece as soon as it can. greece's prime minister told the parliament in strasburg that all they are asking for is a fair deal. >> we demand an agreement with our neighbours, but one which gives us a sign that they are exiting from the crisis, which will demonstrate to us that there is light at the end of the tunnel. an agreement that will bring about the credible and necessary reforms - that is clearly necessary, but we have to recognise that over the past 5.5 years, reforms have been put into place which

alexis tsipras calling for people to vote no. many expecting to get rid of the referendum given the fact he will accept the creditors demands similar to what was on the table last week anyhow but now his argument he believes by voting no he can have a stronger hand when it comes to negotiations. but still, there's no -- not any clear in terms of greeks here in terms of what they are voting for. many are taking it as are we voting to stay in the euro or out of it or for the drachma. let me give you a taste of what the newspapers are saying this morning. this one shows, terror machine, pushing to vote yes and it shows euro group christine lagarde and the members of the troikas. that is pushing to vote yes and another one that -- it is windy. bear with me here. another newspaper, this is the main newspaper, it says playing games with creditors and euros. that's how many people are seeing it here. it's been a roller coaster day. let's take a look back at how we got here. not budging. and still pushing for a no. the greek prime minist

the former belgian prime minister slammed alexis tsipras last month in parliament. you can hear some of the anger. >> it is not you and it is not we that should pay the bills. brendan: i am brendan greeley. pimm: i am pimm fox. let's look at what is happening in markets right now. we have an energy deal to begin with. >> first off, i want to talk about oil generally. it is at its lowest price since april 9. it is trading at about $52.22. this is down about 1%. earlier in the day, it was lower, hitting about the $51 mark. powers may come to an agreement on tehran's nuclear program, which could mean that iranian oil could come back on the market. chesapeake energy right now is down by 2%. this is due in part to a barclays note that said the company is not for buying. analysts on driscoll said production stocks are trading at 30% premiums, supporting historical multiples, but would not use weakness as a buying opportunity. take a look at my bloomberg terminal. this is short interest as a percentage of float in chesapeake. you can see the line. it is at a record high of

you know who this man is, greek prime minister alexis tsipras, once again urging creeks to vote no and sunday's referendum even as he pushes a new compromise with creditors. we will have the latest life from athens. fiat chrysler outsells ford in the month of june, the first time it has ever happened in the united states. ephanie: the once my mtb? -- who wants my mtv? a midlife crisis for viacom. ♪ pimm: good afternoon. i'm pimm fox. stephanie: i'm stephanie ruhle, sitting in for betty liu. let's show you wre the markets are right now. presently, doubt, and nasdaq -- you if you look at where u.s. equities are going, sort of following the european equity market, whether or not wolfgang schaeuble is excited for believing what alexis tsipras has to say, there is some small tone, maybe we are approaching a little bit of progress. pimm: the u.s. economy got good manufacturing. stephanie: or maybe the perception. pimm: it's all about perception. of 3%.alling, a decline gold futures also lower. let's see if we can look at the bond market. a bit of a selloff in the 10 year and 30 year hyield

vonnie: alexis tsipras has run up the white flag. calling for immediate action to a -- with a bailout. plus, greece will have to transfer $55 billion worth of assets to a holding company. german chancellor angela merkel says it is about time for greece to take responsibility. angela merkel: trust has indeed been lost but we all know that what will the important is to implement what we have agreed on doing. vonnie: tsipras own party mutinied when he asked for the endorsement of a new austerity program. a new deal on the iran nuclear program could be announced as soon as today. negotiators want to stop iran from making nuclear weapons. any deal would still have to be reviewed by congress. senate majority leader mitch mcconnell told fox an agreement would be a difficult sell. the crowded field for the republican presidential nomination gets bigger today. scott walker will join the race or he became the first governor in u.s. history to defeat the recall election. contract talks begin between the uaw and the big three automakers . the un

prime minister alexis tsipras is trying to keep greece inside the eurozone. plans announced to launch a currency pool and their own development bank. the bricks group say that efforts are needed to combat global instability. more about the stock market. the chinese stock market almost crashed. we can call it a major correction. >> you can call it that. we have seen dramatic developments over the last few days. first, the shanghai stock exchange rallied. it has lost around one third of its value since june. they worry about the health of the chinese economy overall and there are fears that cyst amick problems in the market are behind that route. is the chinese bubble bursting? here's more. >> all investors can do is watch. those holding more than 5% of the company's toxic shares are stuck with them for the next six months. despite assurances, beijing directly intervened in an attempt to stop its fall. investors hardly have any more leeway. around half of companies have halted shares altogether. and that is frustrating small investors that abet their savings on

angie: alexis tsipras has said he will not resign as head of syriza. internally, does he faced threats within his party? guest: there will certainly be turmoil within syriza. syriza willle that dissolve to some degree. i would expect that alexis tsipras will remain prime minister with support from other parties in a new coalition. it is possible you will get a consensus coalition with new a governmentning with alexis tsipras as prime minister. angie: what is the next step here? ecb, everybody looking at the bridge financing loan that could flow through. political complications do not actually start with greece. guest: they start with greece because for the bailout package to be approved by the eurozone, six of the other member states need to get parliamentary support, including germany, ofland, who have been two the most difficult negotiators for greece to deal with in the past weeks. we can expect there will be majority support in europe for the bailout, but it is not something we can take for granted. we will have to wait and see what happens in the

alexis tsipras needs to persuade creditors to throw his country lifeline so it can stay in the euro. greek officials say he spoke with president obama by phone today and briefed him on the latest proposal. the economic commissioner says that is exactly what everyone is waiting for. the commissioner is available if greece a program asks for it. it's up to the greek prime to give good proposals to say where he wants to go. mark: greek banks are bleeding cash. they had been closed for seven business days. scarlet: in the middle east, negotiations over iran's nuclear program have been extended again. the state department says current interim nuclear arrangement extended through july 10. er global powers want to stop the country from building nuclear weapons. mark: the trust and church shooting suspect is facing new charges. he is charged with three counts of intent and murder. -- the charleston shooting suspect is facing new charges. among the victims was the church's pastor. scarlet: the state senate in south carolina has given final approval to a bill to remove the confederate flag fro

prime minister alexis tsipras is trying to keep greece inside the eurozone. plans announced to launch a currency pool and their own development bank. the bricks group say that efforts are needed to combat global instability. more about the stock market. the chinese stock market almost crashed. we can call it a major correction. >> you can call it that. we have seen dramatic developments over the last few days. first, the shanghai stock exchange rallied. it has lost around one third of its value since june. they worry about the health of the chinese economy overall and there are fears that cyst amick problems in the market are behind that route. is the chinese bubble bursting? here's more. >> all investors can do is watch. those holding more than 5% of the company's toxic shares are stuck with them for the next six months. despite assurances, beijing directly intervened in an attempt to stop its fall. investors hardly have any more leeway. around half of companies have halted shares altogether. and that is frustrating small investors that abet their savings on

alexis tsipras and is party. omar carney is set to be grilled by mp's of the economic outlook. -- mark carney is set to be grilled by mp's on the economic outlook. manus bank you are -- it manus: and you are welcome to "the pulse." i am manus cranny. a deal on iran's nuclear program is done. i wrote middle east editor elliott gotkine is standing by. 18 days, 100 pages. what is your feeling? elliott: let's not forget as they have been negotiating in other places as well such as switzerland for almost two years and a standoff on nuclear programs for a dozen years. a major breakthrough. a deal has been done. we are expecting an announcement in to our's -- two hour's time and we will get more details about what is in it. it will have wide ranging ramifications diplomatically economically especially for iran . and also regionally here in the middle east where there will be unhappy faces to say the least at the prospect of an agreement with iran over its nuclear program. manus: a myriad of global voices coming through

of greece alexis tsipras has -- the prime minister of greece alexis tsipras has agreed to a proposal as a cover mines but there are sanctions on -- compromise, but there are sanctions that could derail the deal. what peng shuai both said europe is in a new situation now that the bailout program has expired. a new report is raising questions about the link of the makers of drugs and those who prescribed them. drug and medical device companies paid out 6.5 alien dollars last year and -- billion dollars last year and much of it went to hospitals were teaching doctors. a multibillion-dollar pledge today from the saudi arabian giving away three $2 billion over the coming years to benefit both muslim and non-muslim countries according to bloomberg -- countries. prince allah will lead is the -- lwaleed is the world's third richest. mark barton. mark: the greek prime minister slightly derailing a close. he said greek should vote -- greece should vote no. he also said he had no intentions to lead greece out of the eurozone. a different sentiment after two days that said greece was prepared to

alexis tsipras can't breathe easily yet. he must go from worrying about whether greece will go bankrupt to worrying about the fractures this his own party. dozens of alexis tsipras m.p.s voted against it underscoring how difficult economically and politically the road ahead will be. [ chants ] >> reporter: earlier in the evening as demonstrations in athens began, a sense of exhaustion was apparent, with thinner crowds and quieter chants than expected. >> marching behind me is the communist block. they are calling for revolt. they want out of the eurozone, out of europe and out of n.a.t.o. they are converging around the square, and although there are riot police, they want the situation to remain calm. so far it's been more volatile inside parliament than it has been outside parliament. as the sun went down the anger built up. inside parliamentarians hurled insults, while outside protesters hurled molotov cocktails. crowds dispersed as fast as the tear gas fired at them. protesters departed by the time m.p.s voted. now the qu

what is next for alexis tsipras? does it power take a hit, 38 members of his party voted no. >> in terms of his parliamentary power, the is dangerous. i would have to say that alexis tsipras is a domino figure in greek politics. generally speaking, he has the power. and he is able to do whatever he believes is best for him and the country. he is the only popular leader the only leader now according to our polls who has more positive views the negative views -- in terms of what people think. caroline: as the most popular leader, the man wielding the power, will he form a new government entirely? bring in the opposition? >> currently, he can be a prime minister and have a minority government. he has the acceptance of other political parties, the opposition parties. who voted for him yesterday. however, it is not ready for greece to have a minority government. by asking other political parties to join his government. caroline: you think that is the option? >> that is the more likely option, instead of trying to go to an

does alexis tsipras have the support among lawmakers to pass this? >> it is definitely not in easy task because the internal opposition in the governing party probably want support. the agreement with brussels. and the same time, the coalition partner and the right populist party has also expressed small reservations. it tomorrow is an important day at 8:00 in the morning. there is a crisis meeting with the parliamentary group. it will definitely be an open if not a hitting discussion. the parties will back the agreement. >> we have to remember that just a week ago the public said strongly no to a bailout deal that had easier terms than this one. how has the public been voicing those concerns today? >> it depends on who you're talking to. he society is still divided on that issue. many people feel relief about the reason there is agreement, a compromise in front of the greek parliament protesting against tax hikes and public sector. sarah: thank you very much for that update. many elements will be a tough built a smaller. >> civil service have called

we heard from a defiant alexis tsipras, wasting no time claiming victory in the election. we have seen scenes of celebration, but doubt about were there lease greece's future in the -- leaves greece's future in the euro. >> yes, there's euphoria on the streets, in the syriza camp and alexis tsipras's immediate circle. i think that euphoria will wear off quickly, greece is in a dangerous position make no mistake about that. the banks are close to collapse. all the uncertainty of the last week or so damaged the economy further. tax collection has collapsed. there's an urgency for the government to reach an agreement with you were een partners. as -- european partners. as we know there's a lot of bad faith - lack of trust, i'm sorry - between the european government and this government. the finance minister is a charismatic man, a clever man, make no mistake about it. he's a divisive figure. yesterday he accused european partners of terrorism against the country. somehow, within 24 hours, he has to hammer out a difficult deal with him. there's enormous uncertainty. as i hear

is we have a are surprising strong victory for alexis tsipras. vote.0% of the most people thought it would be too close to call. tsipras on thes front foot. today was a day of celebration. come monday, we are back to hard negotiation. today we celebrate the victory of democracy. tomorrow, we continue and will complete our national effort on exiting the crisis. our strong ally is the greek believe in its own strength and justification we are in the right. he feels he has the mandate to go to creditors and say, we need to negotiate a better deal. that is also the line we got from the finance minister. he says, we are not going to kick the can down the road anymore. we are going to strike a deal. january, greekof said no. day, the poorest greeks were called to pay with blood, sweat, and tears. as were their children and grandchildren. guy: what we are going to find creditors the respond. how will the creditors respond? we will find out from angela merkel later on. they are going to be meeting in paris. from that meeting, the ecb is going to determin

alexis tsipras calls on a no vote in sunday's referendum. this is athens prepares for rival bailout rallies. france rejects an asylum request from julian assange, the wikileaks founder currently in an embassy in london for the past three years. it is time now for a business update. i'm joined in the studio by william hilderbrandt. we going to start off with greece. william: on sunday, the country will vote over the terms of the bailout. the historic referendum is between the country and its creditors. let's take a listen. >> historic negotiations are underway. if the greeks will vote no, they had done everything but strengthen the greek position. they will be dramatically weakened bionovo. -- by a no vote. >> it is a question that needs to be read carefully just to understand the meeting -- the meaning. at the eurogroup of the 25/six/15, and is made up of two parts which constitute their unified proposal. put more simply, greece bus creditors may proposal -- made proposals last week. the business figures have called for a yes, alexis tsipras

alexis tsipras is faced with a new deadline of wednesday. the euro drops, but showing some resilience, trading 1.11 against the dollar. anna: 400 companies resume trading while the june exports beat estimates. and a nuclear accord on a ran could be announced -- on iran could be announced as soon as wednesday. >> welcome to "countdown." i am ryan chilcote in athens. anna: and i'm anna edwards in london. we have been on there for the last hour and we haven't seen that much move. it could be something of a relief for nervous investors. let's get straight to what's happening on the foreign exchange markets. i have a one-month chart to give you perspective -- we are still above 1.11. the euro is currently trading above levels we saw on the 29th of june when the greeks missed the payment. in the euro-yen, which typically does express some level of risk aversion when we see these diplomatic standoffs, we aren't even seeing much of a slip. we haven't lost all of those gains made on friday. we seem to be in limbo right now. we are waiting to see if t

we know that prime minister alexis tsipras said whatever way the vote goes this was a victory of democracy, and he says that they're going to try to sit down with their partners in europe to come to some common ground. but the question is, what is the reaction going to be in the rest of the euro zone to this result? let's go to jackie rollen in brussels. the result of this referendum has dealt a bit of a blow to greece's european creditors. >> reporter: it has remained the creditors were already shocked when the prime minister alexis tsipras announced the referendum at the end of june. that was the first shock for them. of course, this result, while not entirely unexpected, certainly does deal a blow. what we now seem to be struggling with the is the meaning of the word "no." we just heard the fin minister saying that no means yes to europe. whereas, the eu and eu leaders have said all along that a no in the referendum means no more negotiations and means no to the euro and possibly even no to the european union. we could be looking at very long-terms to the future of the european union as

i think it will end with the steps that we are taking. >> the latest plan indicates alexis tsipras has caved on certain creditor demands. however, it remains upclear if his latest moves are enough to convince his skeptics he is committed to reform. >> we speak now to an advisor to the greek prime minister, alexis tsipras, and also a professor at texas university. he joins us from the united states. thank you for speaking to us. tsipras appears only now to be backing down on issues he previously said were non-negotiable. does that mean his position is rather weaker now than it was last sunday. >> first of all, let me correct you. i have been not been an advisor to the finance minister. i have been a friend to the former finance minister. i believe the government has been forced to capitulate under extreme threat of the closure of its banking system. and under those conditions it has been obliged to accept policy measures which is considers for good reasons to be highly unwise and likely to cause further damage to the greek economy. >> do you think tsipras risks rebellion within his own

alexis tsipras says he is being blackmailed by europe. he says eu imposed austerity is destroying the greek economy and threatens the country's democracy. will they choose austerity? coming to you from berlin, quadriga the international debate. melinda: hello and welcome. debt drama. who is good and who is bad? she is the berlin correspondent for the newspaper. she says so many on all sides in the name of democracy and solidarity. she is one of germany's best-known economic journalists for many of the leading business publications. she says europe was built on compromise and race could put an end to that era. and we have the german british author and commentator. the ever closer union is dead and germany is to blame. it is time to rethink europe. it opened with the question, will the greek people choose austerity or alexis tsipras? what will happen? >> i'm not sure that's the question. public opinion is torn at the moment. i wouldn't make any predictions at this moment, but it is definitely a very strong debate going on in greece. my only

it's a triumph for the greek prime minister alexis tsipras, who campaigned for the no vote. he says he'll work to find common ground with greece's international partners. how the lenders will respond is unclear, the coming days will be crucial. a eurozone summit on greece is set to take place on tuesday. the e.c.b. is also set to meet. greek banks can't open on tuesday as scheduled, because they won't have access to the emergency lending. jonah hull has more. athey cheered the result. >> reporter: outside parliament they cheered the result. greece said no to international creditors in a sensational act of defiance. >> we are greek, we feel proud. >> it's making us feel hopeful. we've been very scared for the past week. >> reporter: even as they celebrated the result all will wonder are what happens next. >> translation: considering last week's difficult circumstance you made a brave choice. however, i'm aware the mandate here is not a mandate to break with europe but a mandate to strengthen our position to seek a viable solution. >> reporter: the prime minister got the resul

how is alexis tsipras going to get the deal through parliament? nathalie: it is pretty simple in the sense that the opposition party leaders are well aware that the alternative is grexit. it became clear during the 17 hours during the summit yesterday. so that is what we have. the leader of the main opposition parties said greece took responsibility and we will try to help greece keep its footing within europe, which means they are going to back this deal. of course, many questions remain. yes, see rita -- syriza and tsipras will be a look to pass this to parliament, but questions remain as to what happens within syriza itself. genie: what kind of effect might this have on the greek prime minister long-term? will there be political fallout for him? nathalie: indeed. tsipras has the leading party of this coalition government, and there is lots of dissent within the party. speaking to a senior official longing -- not long ago, he says there was disrupting in the party because of the bailout and it is unlikely that the administration can last for ver

alexis tsipras immediate challenges looks achievable. getting the laws through parliament he'll manage with the opposition. with his own party he has a big problem. leftist actions are within pope revolt. the fact that he has mated a u-turn will damage credibility. >> outside parliament the line is repeated - this is the least bad option. >> what is important is for the country to give an answer to the coup. >> reporter: economically things have never been worse. businesses close every day. this brother and sister running their business are clinging on. customer confidence has disappeared. >> they are afraid they'll spend time to purchase a new day or starting a business to take furniture there. >> how much have you sold in the last month? >> nothing. wednesday's laws will pass and the detailed negotiations for the third bailout will certainly proceed. but the government here is creaking upped the vain. alexis tsipras urged a separatist nation to get behind the deal but maintaining that support through the pain of implementation will be

yes, you may. >> alexis tsipras did not hold back on tv. he accused fellow european governments in behaving in an undemocratic way. he says a referendum will go ahead and he will campaign against the bailout package. >> the referendum is not about if the country will remain in the eurozone or not. that is a given. no one can doubt that. on sunday, we choose whether to accept the specific agreements or seek a more viable solution with the public's approval. >> earlier, athens spoken in far more conciliatory tones. they said it was ready to accept proposal with some conditions. all of this uncertainty is hurting one of greece's biggest industries. tourism. many are choosing to stay a wave and though people with bank cards have not been affected by limits. >> there are people n the streets. we hear that reservations are being canceled. >> the uncertainty continues. the both yes and have tried to convince undecided voters. if greeks vote yes, it could lead to a change in government. if they vote no, fresh cash for athens looks to be out of the

the germans had their red lines we were just hearing from alexis tsipras as well. it was really the arguing over those final keys issues which is what dragged it on for the last remaining hours. but we are now getting more clarity about who gave concessions on what. didn't get up on that red line, there is that possibility of debt restructuring maybe by extending the maturity terms of the loaned but there will be no question of writing off forgiving any of the money that's owed. obviously alexis tsipras as well had to present it in the mound posethe mostpositive life. many suggested it's been a thoroughly humiliating and unedifying experience. pan swayfrancois hollande warning they should not be imposing the versailles treaty on the greeks the reference to the treaty at the end of the first world war which many people think were responsible for humiliating the germans and laying the groundwork for the second world war, some very, very strong historical comparisons being made here, but the important concessions, the important gestures that the greeks did secure, was

today, we had the meeting with prime minister suppress -- alexis tsipras. and the leaders of six political parties. all of those politicians -- sarah: that is what is going on on the political front. meanwhile, [talking over each other] >> i want to speak. [foreign language] sarah: we will try to get back to you later in the show. we have more on the greek finance minister from the business desk later in the show. the country's landslide rejection of bailout terms as european leaders scrambling for a response. angela merkel headed straight to paris for urgent talks with french president francois hollande. they're trying to reach out. it does not change the insistence that the greek government deliver a binding explanation of what will happen next. >> the door is still open to discussion. it now it is necessary for prime minister alexis tsipras to make serious proposals. >> time is of the essence. it is urgent that such proposals are brought this week so we can resolve the current situation. both merkel and hollande are sticking to a firm principle that any

today, we had the meeting with prime minister suppress -- alexis tsipras. and the leaders of six political parties. all of those politicians -- sarah: that is what is going on on the political front. meanwhile, [talking over each other] >> i want to speak. [foreign language] sarah: we will try to get back to you later in the show. we have more on the greek finance minister from the business desk later in the show. the country's landslide rejection of bailout terms as european leaders scrambling for a response. angela merkel headed straight to paris for urgent talks with french president francois hollande. they're trying to reach out. it does not change the insistence that the greek government deliver a binding explanation of what will happen next. >> the door is still open to discussion. it now it is necessary for prime minister alexis tsipras to make serious proposals. >> time is of the essence. it is urgent that such proposals are brought this week so we can resolve the current situation. both merkel and hollande are sticking to a firm principle that any

citrus -- alexis tsipras will turn us into north korea. >> alexis tsipras is the man who will take us forward. he is doing the right thing for people. >> the government has been sending conflicting signals. they encourage people to vote no. but with hours to go before default, the government made another offer and is now involved in yet another round of last second negotiations. the finance minister's upbeat as he headed to work tuesday afternoon. reporters asked if a deal could still happen. thanks of been closed since the beginning of the week. the government will relax capital controls to allow pensioners to make one-time withdrawals of 120 euros. much uncertainty remains. with the new proposal on the table, the ball is back in europe's court. alexis matthew joins us on the line. these are very difficult and confusing times. what is the mood like their? matthew: thousands demonstrated tonight. yesterday night, thousands again were demonstrated with the no vote. it was opposed by creditors and they think that enough is enough. a greece must secure its position. on the other hand, th

alexis tsipras is stunningly popular. he called a referendum, said vote no, was on television last night. syriza back tim. -- backed him. he is hard to defeat. >> he has to deliver the results of his promises. the moment he is not in a decision to do that he will face that clash. guy: he says this is being created by outside forces. >> for five months, they are negotiating on the basis of no plan. there was no plan from the beginning from this government. they are responsible for the situation. five months without political activity, without any development on a real plan which would combine fiscal measures and growth. so this is a major issue. if it continues like this, the reaction will be absolutely negative. guy: thank you very much. the president of the american chamber in commerce in greece. back to you. anna: guy johnson in athens. stephen gallo, head of fx at bmo. we understand the governing council is going to meet. what do you think they are going to do with emergency liquidity assistance? >> i think they wait t

in an ig passioned address to parliament, alexis tsipras outlined the pain that his county endured. he acknowledged some errors by his government, but said other governments had a responsibility to bear equally, and outlined the sorts of proposals his country will make to try to get one last bailout from the european union and it was, in effect, an urgent call for help. >> translation: we demand an agreement with our neighbours, but one that gives a sign that we are on a long-lasting basis exiting the crisis, that demonstrates there is light at the end of the tunnel, an agreement bringing about incredible reforms. . >> the problem alexis tsipras faces is the eurozone leaders, the president of the european council and yoourp een commission have put a time limit on the negotiations. mr donald tusca said proposals need to be put forward by thursday and there must be a deal on sunday. overriding this is the greek economy owe considerable sums of money to creditors. the i.m.f. payment was meant to be made on june 30th they are in arrears to the tune of 1.6 billion, and must make a paymen

yes, you may. >> alexis tsipras did not hold back on tv. he accused fellow european governments in behaving in an undemocratic way. he says a referendum will go ahead and he will campaign against the bailout package. >> the referendum is not about if the country will remain in the eurozone or not. that is a given. no one can doubt that. on sunday, we choose whether to accept the specific agreements or seek a more viable solution with the public's approval. >> earlier, athens spoken in far more conciliatory tones. they said it was ready to accept proposal with some conditions. all of this uncertainty is hurting one of greece's biggest industries. tourism. many are choosing to stay a wave and though people with bank cards have not been affected by limits. >> there are people n the streets. we hear that reservations are being canceled. >> the uncertainty continues. the both yes and have tried to convince undecided voters. if greeks vote yes, it could lead to a change in government. if they vote no, fresh cash for athens looks to be out of the

you were listening into what alexis tsipras had to say today. what do you think the greek prime minister could come up with to convince creditors he is serious? nathalie: the "no" vote, that's what we saw leaders rallying behind him. the entire country endorses sippers -- tsipras and his proposals. it is kind of reinforced. we don't expect much to change. there is a big question mark how willing is the prime minister to push forward and crackdown a deal. how willing are the international creditors to concede and agree to certain objectives of the greek government? everyone is exasperated. i think it is well beyond policies. it has reached a personal dimension in this political negotiation. much remains to be seen. the grexit rhetoric is growing louder. it's our hearing it more and more -- greeks are hearing it more and more and getting scared. genie: talk to us more and more about what life is like in athens for the greek people. capital controls are still in place, limiting the withdrawals from atm machines. are people starting to feel the pinc

i think that this is enough for alexis tsipras. it's easier for him now to pass it through the greek parliament. >> reporter: so there is a glimmer of hope? you see a potential deal? >> in alexis tsipras told the truth to the greek people when he promised that the no vote doesn't mean an exit it only means we're going to negotiate hard. however, trying our best to remain in the euro zone then there is a hope for a better proposal and for a better compromise for the greek people. >> reporter: one legacy of this extraordinary referendum campaign organized at the last minute around proposals that no longer existed is deeper divisions within greek society, which could be dangerous in the months ahead. >> yes there is not balanced because with just however there is a schism. it will take a while for this wound to be healed and i hope that the greek prime minister today will try to be as con sill to her as possible. i really hope that he is going to build his negotiating strategy on an internal consensus. so i'm waiting for his statement

rishaad: alexis tsipras -- as his hand been strengthened? don: certainly what it has done is created a backing within greece for the idea that greece should get a better deal. from his standpoint, his standing within greece is clearly stronger. what we will find out in the next day is as a result, the ability for him to get a deal better for greece has also been strengthened. that is the uncertainty. you have a divide within the europeans as to whether post this referendum was essentially the greek saying we do not want to be part of the euro, therefore european leaders say they should go. others say, no, grexit is still to uncertain and costly and we should negotiate a deal and we should get that issue behind us. rishaad: the hand may have been strengthened there. going to the other point, he may be able to grip his cards tightly. what cards does he have to play? don: what he has got to play is essentially, again, the standpoint of whether the uncertainty that a greek exit would entail for the rest of europe. that is one. there is something

we are hopefully going to be hearing from alexis tsipras right now. he is apparently meeting and is going to come out and discuss a possible replacement for yanis varoufakis. do we have any idea who that replayingmentre replacement might be? >> reporter: we know that the statement that was made on the greek media where he says the negotiating team is going to be a pro-european more moderate team or at least that's what he seems to have indicated. there are a number of current negotiators who could replacing mr. varoufakis. it will all depend on what mr. tsipras decides to do. will he decide to choose someone less known or someone he believes is on good terms with the creditors or better terms than mr. varoufakis has been. mr. varoufakis has been a choice that has been drawing a lot of attention and his wording has been very strong and strong rhetoric from greece against its creditors in many ways. and i think this is something that the prime minister is going to try and tone down. but we will have the announcement of the name after this meeting that i

we have cutaways to alexis tsipras's reaction. saying, you have talked about these but we never see any concrete action from greece. this goes on for seven minutes. trending on youtube. very vocal on social media. he is the one that posted the video. this was his intervention on greece. people have been reacting. one person saying, alexis tsipras getting a lesson on democracy. person, defending him. , are you proud about your declarations? you destroy europe and open the door to the far right. we have been seeing a lot of comments on this. youtube and twitter. telling alexis tsipras not to betray his people and act as a false prophet. yvonne: he is jumping. he did actually kid the back. he is going out and saying he admits over the last five months, his government has spent more time negotiating then governing but that was because they did not have any other alternatives. they were in a fiscal stranglehold. we are thinking about how to keep the economy alive. we have ideological differences. this is a crucial time to pool our forc

alexis tsipras and his syriza party came to power promising not to do what he just agreed to. it's tough medicine sore greece. get mad. throw them out of power. who said the choices made will get any better. cracks were bound up over the weekend. and the voters annoyed austerity-employed greeks, and eventually they'll have their say. i'm ray suarez, that's "inside story". appear >>> negotiators miss a deadline a deal looks imminent on iran's nuclear programme. hello, i'm louis jordon in doha with the -- darren jordon from doha with the world news. iraqi forces fight to take anbar from i.s.i.l. >>> i'm adam raney at a camp in south-eastern haiti, where hundreds of people arrive from the seen republic. they are s

alexis tsipras must push through the reforms by wednesday or the offer from the european leaders will no longer stand. jacky rowland reports. >> eurozone leaders emerge to announce they avoided the worst scenario a greek exit from the euro. >> today we had only one objective to reach an agreement. after 17 hours of negotiations we have finally reached it. someone can say that we have an agreekment. >> but it's no laughing matter for the greeks. they need to adopt a large package of reforms in the next two days and agree to sell off 50 billion euros of state assets. a clearly exhausted alexis tsipras tried to put the best possible gloss on it. >> translator: the deal is difficult but we have prevented the transfer of public property abroad. we have prevented the plan of financial asphyxiation. recently started to be implemented. finally we achieved in this hard fight the restructure of the debt and secured financing for medium term. >> reporter: chancellorchancellor merkel said they had looked at restructuring the debt. >> over the past few weeks and months the most important currency