this want mr. tsipras to go. mr. tsipras is trying to pump up the no vote in order to reassert his authority in government. he wants the no vote to act as a vote of protest against the way the european union is dealing with him in order he says to strengthen his hand at the negotiating table we never left the table web says, it is part of the table this referendum. he wanting to with a strong no majority if he can get it in order to ask them to approve the terms of the deal he was given last weekend. he has accepted it during the week just ahead of the expiring of greek's financial assistance program. he asked for a few very, very modest tweaks and time delays in execution of parts of the program. i'm not entirely sure what he would intend to improve upon on monday. i think that the very best we can hope that he is at least allowed to get back into the negotiation process, because even that is in question now that the program has expired. >> what are you hearing about whether people think mr. tsipras can survive this

that's the deal mr. tsipras needs to come back with. he said that unfortunately he can cut a deal in the next 48 hours. obviously, that's not going to happen. i do hope that what will prevail will keep the euro zone intact. i think it leaving the euro zone will be bad for greece and the rest of the zone. i don't think that tonight's vote is helpful in that direction. >> does tonight's vote not give the issue of longer term debt relief a tackle at the negotiating table? here you have people rejecting the terms of the bailout. noi that the imf has said greece's economy won't recover while servicing and sustaining the level of debt it has now, is this not something that needing to be tackled. >> the issue of debt relief gets a lot of traction throughout europe. most countries agree there can be and should be some debt relief. not so much in terms of nominal in the security of the interest rate. the problem is they were not willing to discuss the specifics of that before what they felt was a commitment by the greek government to have reform

there was a call between mr. tsipras and mr. druggie after the ecb made their decision on emergency liquidity assistance. they kept it the same -- right around 89 billion. they did increase the haircut on the collateral that they required to make those loans. they are tightening things up. they are not indicating that they will give any sort of lifeline. if you need something or want something to happen, it has to happen at the leaders level. it has to be comprehensive. it has to be difficult for mr. tsipras. >> i re-watched your interview last night that you did the new finance minister of greece. you spoke with him monday of last week. one of the few people on the planet. give us some insight. is this a guy that can get us a deal? >> the issue is that everyone is saying there should be a fresh start. he has been scoring points on the negotiating team for the last few months. everyone is expecting a significant shift on the ground here. he has been around for a while. he is very well known. he has been around. i don't think you

i think that mr. tsipras with will put the best possible spin on all of them he will say that, look, we've got through the most difficult negotiation that greece ever had to face so far and what we have come away with is at least a promise to look at the rescheduling of debt. it was never on the table before, now it is, if the document we have seen leaked out of brussel in the last 244 hours is correct creditors should be look at the reschedule are the debt in autumn and those reviews are usually quarterly so after the first review of the new program. the second thing mr. tsipras will say he's come away with is a whopping 82 to 86 billion euros worth of new financing for a three year period rather than a two-year period. and the third thing is he is going to say is that he is going to start releasing the flow of liquidity against from the european central bank to the banking system so that banks can reopen and capital controls can begin to be lifted the difficulties are going to be in this privatizati

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 is currently underway. another significant issue about this meeting is the main opposition leader resigned last night. it seems to be the case that we're going to have a lot of political new faces, no people coming in to the greek political sphere possibly in the next 24 hours. >> it's interesting. both alexis tsipras and yanis varoufakis both said if it turned out to be a yes vote they would both resign but it's they got a no vote and yanis varoufakis ended up having to resign anyway. but alexis tsipras has ar

this could be seen as support for what mr. tsipras's is trying to do. anchor: he is an isolated figure, but you can understand why the greeks have resorted to voting for such a figure and his policies. up until now, nothing has shown any side of bearing towards them at all. guest: that is a good point. in 2012 the country had to elections in may. tsipras's party took an ambivalent position on the euro. they won the election in january 2015, in my view, because they moved away and said no, we want to keep the country in the eurozone and we will manage to keep the country in the eurozone. but we'll try to do is improve the terms of the bailout and that is what they have been trying to do. to a certain extent, some of the arguments they have been using is correct in the economic sense. i fear that partly because of the attitude of the minister of finance besides on the attitude. partly because of the intransigence of the other side, mr. tsipras has been alienating more people than he has been allying with amongst those who matter, make decisions. there is

mr. tsipras. manus: the prime minister of greece says he has given the order to yanis varoufakis, the emergency plan which we made such a big deal of yesterday setting up a plan b if greece was bounced out of the euro. francine: the varoufakis plan was shed the light, or the light was shed on it when he was explaining it to hedge fund managers on the phone. what he was trying to do was tap into a parallel currency by tapping into -- manus: it was the tax system for greece. francine: and through that, trying to get money back if they were to exit the euro. we now understand that mr. tsipras gave the order to varoufakis. manus: many people have said it would have been surreal. had they not been working on some kind of a plan b. a little more clarity day by day. francine: it is the stuff hollywood writes about. up next, bg group hit by falling energy prices. ♪ manus: welcome back to "the pulse." we are live on bloomberg tv and radio. we've had a little breaking news. this is the greek prime ministe

what you think mr. tsipras will do, make or break? faye: he is going for make but i'm not sure this will be the case later on over the weekend. he has been locked up with his top aides and he has been working on this for a few hours and preparing this list of measures that he is going to propose. the deadline is tonight at midnight. we will have to wait and see if they meet demands of the creditors. melinda: you think there is room for compromise their on the greek side and room for concessions? faye: there should be, but mr. tsipras will have to work this out with his own party members. melinda: ursula weidenfeld which you say this is make or break week? we have been to the brink so many times. there is a whole series of terms out there for the various scenarios, ranging from gremain greece remains in the euro, everyone signs a solution, grexit, greece leaves, or, this is a new one grimbo -- greece and the eurozone going on and on in dysfunctional limbo. ursula: the grimbo is the most likely to happen and that will be in the end of t

tsipras and yes, he was applaud you had mr. tsipras was applauded by different sides in the parliament as he spoke. there weren't the concrete measures that the other leaders of the our eurozone have been calling for and certainly that is something that the media in germany and france have i can approximated up. today one of the prestigious french newspapers talks about it being a case of dupes saying mr. tsipras was like a fireman and him not being particularly goth bothered about putting it out. that gives you a very clear sense that many people here the establishment in france, germany the leaders of countries say now is the time for con cleared solutions and and what we heard from mr. tsipras did not seem to be con cleated solutions. >> dominic, thank you that's dominic kane speaking to us from strasburg, just to let you know that we have been listening no prime minister alexis tsipras outlining his country's case to the e.u. parliament. we'll have more, of course, for you within the next hour or so, stay with us here on al

unless mr. tsipras decides that is going to the case. he needs to figure out a way of convincing his peers that he can be trusted and a deal can be done and that deal will be carried out. i do not see any big shift. they are very much hardening their line. mr. tsipras has to change. that is not a recipe at this point in time. with the banks they are getting close to the edge. maybe then and maybe -- maybe everyone would move again. i cannot see everyone is going to have a meeting of the minds again. jonathan: guy johnson in athens, think you very much. we are joined by phil blain. how close are we to an accident in the greek financial system? phil: the markets are judging that an interesting way. we do not see panic, we saw stable markets. markets cannot trade politics. you cannot ever guess what is going to happen. they are assuming we are going to avoid some kind of catastrophe. what do we mean? intestacy would be a messy, greek default. it could happen as early as next week. it would mean a messy default, plus inevitable exit. markets

erik: you know mr. tsipras and his party. you know the power that brought him into office in january which we affirmed his leadership -- which reaffirmed his leadership over the course of the weekend. how likely is it that he will present an offer that needs the approval of all partners concern? anna: we have to keep in mind that sziriza as a child of the crisis, so the crisis can shoulder a problem like this we know very well that the situation is deteriorating day by day. to be frank with your question from what we have seen until now, i cannot be very optimistic. on the other side there is no other way out. matt: you have heard the comments coming out of rustles and out of berlin today. they do not suggest that there is much of an opportunity to compromise. you know this institution the eu. what should we expect? anna: i have seen everything today. it is extremely difficult. but i believe that everybody has to take into account the greek people. they cannot be a victim of the government. so there are some rules that we hav

that is an issue for mr. tsipras. tom: and you see the drama from our guest and will no doubt be back within the hour. this as the chancellor begins to speak. shoretel speaks and merkel speaks, are they speaking to mr. tsipras this morning. >> it is pretty clear that he was saying the letter mr. tsipras sent tuesday night wasn't sufficient. it did not do enough to bridge this happy talk that we're close to a deal and that tsipras is willing to accept creditor terms did not look at the fine print. that would make it very difficult for angela merkel to get anything through and they need to get a third package. >> tom: what has been the response and brussels and or lynn to the polling showing a no referendum. mohammed really talking about that a few days ago. he looks remarkably prescient. >> they are looking for better polling. if the polling switches, he can always poll the referendum. he can pull it and saint never mind. in the last 48 hours we had mr. tsipras call a referendum saying he is urging voters to vote again

mr. tsipras, you are not a member of my party. but at this point in time i feel we will never accept this. and recently hope has been reignited and i can note that everybody is showing a constructive attitude. the attitude of heads of state of government yesterday was positive. and the political forces in greece are positive about a possible solution. i think that the conditions are there for an agreement to be reached this week. we need to call for labor, combating corruption and tax evasion and all of the measures that are required not because europe would impose them but because they will benefit greek citizens and i think it is their right to discuss restructuring debate. and that is something that is a commitment in 2012 which should be honored and i think we should think about having a european conference on that which should be thinking about this as well as the polling of debt. it is possible for there to be a medium term agreement i would say, president, but to those who read about these days in the future when it is hist

was that because he was really trying to give tsipras mr. a health -- mr. tsipras a helping hand or his last act of defiance? manus: talk to me about the mood. a resounding no vote. in terms of creditors' position we know hollande and merkel will go back. they are not running, are they? erik: they are not a judging from the statements they made last week. here is an open question we heard from varoufakis and the number two in syriza that the negotiators or creditors were willing to hit at the table and the greek government was willing. there was enormous amount the daylight between the two sides. yes europe understands it greeks do not want war austerity. how does it change in the situation? mr. sippers encapsulated in comments he made last night. here is an accept. prime minister tsipras: our immediate priority is the expedient opening of the banks. i am certain the ecb understands that the economic crisis a humanitarian dimension in our country. erik: everybody wants to talk about the possibility of a deal to avoid a greg's it. as you have heard from so m

tsipras and mr. varoufakis still maintaining the popular support that comes from being radical people that have an alternative vision? no, not at all. jonathan: the morning that mr. varoufakis step down, you on the show. on the break, you said to me it would not surprise me if this man were the next prime minister of greece. d still think he could be? kit: the next one is now harder, because from where we are now, it looks more likely. his audience of the greek voters , and what he is continuing to offer them is a willingness to stand up to the creditors and come up with radical alternative plans which he is selling quite well. i am not sure that bit has changed. jonathan: a lot of noise here. there are talks going on for a third bailout. kit: i think it is smooth sailing for now. mr. tsipras mention them again this morning. when we come back and start having meaningful talks about reducing debt. we can use all the liquids in the world, but there is a problem with the structure of the euro. how do yo

now mr. tsipras has an ally. guy: hans nichols in berlin. these guys are going to keep covering the stories. it's thing companies -- and sting comments -- interesting comments. great banks are in a -- greek banks are in a official coma. they can survive. a downbeat line coming out of the bone this right now. -- coming out of the bundes right now. barack obama said that no doubt the deal strengthens u.s. security. >> i have no doubt that 10 years from now, the person that holds this office will be in a far stronger position with iran further away from weapons. and with inspections and transparency that allows us to monitor the iranian program. for this reason i believe it would be irresponsible to walk away from this deal. guy: into ron reactions -- in toronto, reactions. a new chapter for his country. >> the page of the past 12 year. was accompanied by -- 12 year period was accompanied. this new chapter opens on the basis that the solution have a shorter and less costly path as well. guy: israel will continue to lobby the u.s. congress to tr

it was an extraordinary achieve achievement from mr. tsipras. 60-40 roughly in his favor. we as opposition have to fall in line. we have to support our prime minister at a time of national crisis, and he needs to carry that message with him into these crucial european negotiations that he's speaking for all greeks. so perhaps i should say virtual virtually all greeks. all the parties in the political center are signing this document saying that mr. tsipras will be speaking for them on the extreme left the communists and on the extreme right the golden dawn were not involved. now mr. tsiprs will hope that this swell of legitimacy and political support will give him a fair wind, if you like, as he goes in to these crucial negotiations. it is not going to hurt. but is it really going to make european governments and european imf more flexible. i'm not sure that it, but he's king. >> they did not waste time naming the new finance minister. what is the mod like there? well, they had to name a new finance minister very quickly because the country is perilously close to a collaps

>> well, i think it will help mr. tsipras. mr. varoufakis has been seen as an irritant within the eurozone group. he had an an acrimonious relationship, but the real issues are issues of substance not personalities. we're talking about greece owing 300 billion euros. getting rid of a finance minister who was unpopular with the creditors is not going to resolve all those problems and differences about the greece austerity measures that they feel they should be taking or should not be taking and the credit that greece should or should not be granted. >> now let's go to paris and talk to our correspondent there jacky rowland us because there is a there is a flurry of meetings taking place all around europe, but in paris is where mrs. merkel, the chancellor of germany, and mr. hollande fran's france's president, are meeting. >> that's right. they're meeting to present a common front at this time of crisis. in recent days they've really been sounding quite difficult notes. the germans taking a very firm line. we heard earlier on monday

and john is in athens, john, mr. tsipras said it's the best possible agreement. best in brussels, perhaps good enough for greece, though? >> reporter: well, it is going to be difficult to get some of these points past the greek parliament and the greek people. i think the biggest problems will arise in some of the up front actions particularly the overall of the a.t.. above and beyond what the greek parliament just passed -- >> we are going to jump in quickly and listen to france's president francois hollande. >> and everything be studied and everything be said by the goff of the eurozone, by greece. by those who were the most reticent and requesting guarantees and it was necessary to keep the german relationship between madam merkel and myself which is necessary in we wish to achieve a compromise. if there is not this solid solidity which, of course, can include differences, if there is not this cohesion to achieve an agreement and we spent a lot of time with madam merkel, with alexis tsipras and the our opinion authorities to achieve this result alexei tsipras

hans: how hard did you make it for mr. tsipras? alexander: it is not a case of being hard. it is based on institutions and laws. you have to stick to the rules that we decided upon. hans: the bridge financing we will have momentarily, will that need conditionality as well? alexander: we will have to see if there is a bridge. hans: so the bridge is still to be discussed? alexander: many states have a problem of this because we cannot give money without clear conditionality. hans: how much are we talking about for bridge financing? alexander: that has to be decided by the bridge institutions. hans: so north of 7 billion? alexander: i will not give quotes or a number on that because it has to be decided with the experts. i would like to stress that we

or do you want to be remembered, mr. tsipras, as a real revolutionary reformer? i'm talking about the new one. the real one between the two world wars, who modernize the country. that is a choice to make. and i know what you people want, 80% of your people want to stay in europe. and in the eurozone. show that what you can do, you are a real leader, and not a false prophet. [applause] >> and now, the leader. >> president, prime minister, my time has been given to having yielded to other groups. i will be brief. this is not the time, given the crisis and given the disaster, forwhich has become tangible and hit home, given the days ahead at this time, let's not use this stage to demonstrate talent. mr. weber guy say to you very directly to you, we do not need arrogance and anti-communism at this time. you can keep that. for other places, that is not going to bring anyone closer. this is not some kind of bavarian stampede. this is parliament. i noted that you were very moderate and setting out positions from the european council point of view. that is how it should

mr. tsipras wants to credible solution to his country's debt crisis. he has to pick a new finance minister to replace yanis varoufakis resigning admitting that his presence at the bailout talks have not been welcome. we have more from athens. >> on this day, there is one sentiment above others on the streets. >> i'm proud of my people. yes, i feel proud for my people, but also confused, because we say no to the proposal of europe. we want a better proposal. >> defiance isn't enough to avoid the fall. the bangs are still shut and without more emergency assistance from the european central bank, they'll likely remain so. the 60 euro per person limit may have to be reduced at cash reserves dwindle. bank assistance would only likely come if there is a deal to be done. the finance minister who an tag needs the leaders in brussels resigned unexpectedly monday morning. there is no guarantee that his head will be enough to secure a deal. >> the gorks are going to be incredibly tough not least because of the ill feelings still between greece and creditors. they

tsipras was on the phone was to paris. so he talked to mr. holland. and i think they will all be bending over backwards to try to find a way to move forward here. i think the key question will be if there are grounds to rare row the differences over tax for the islands, pensions and so on and so forth, there's just this one rye maining issue. i seriously would like to see some progress on debt can the europeans come up with something that is imaginative in this area? look, they've said it in the past past, special purpose vehicles some corporal of special refundlerefund le ing, maybe sure can come up with a way that's imaginative that would lead to a meeting of minds. >>> still coming up on the show america 2350e78 mail soccer team continues the fireworks into the fourth of july clinching the world cup from former winners japan. >>> forget fringer prints. mastercard has an ad. will it take off? >>> plus they say it's all about the timing find out why the return to the big screen failed to get moviegoers excited. hasta la vista, baby. are you moving fo

the rumor last week he would quit and he is done some kind of a deal with mr. tsipras. we asked him if he will quit but he said he would. turns out he was going to quit if that was a no vote as walk. the margin, it might make a different. i do not think in terms of a bit substantive points, it will make much difference. he has not been front and center over the past few we's. -- few weeks. i do not think it will make an enormous difference. who replaces them might make a difference. if there are a couple of possibilities. we will find out after the leaders' summits. you should probably think of it the other way around pretty a who is the new guy will make a difference more than the old guy. jonathan: hans i want to bring you in. merkel, hollande meeting. listening to the reaction from germany that not softened their stand. the greece needs to get through the german parliament. hans: they have not called in the parliament back in session. germany is on holiday until september 7. the kind of holiday that guy johnson deserves. what's where here from the french is you need

what are the economics of what mr. tsipras had to agree to? mike: greece had started to grow, now they are back in recession. there is going to be pain in the short run because they will be raising taxes and cutting penson payments. forcing german style business reforms unto the greek economy. over the longer term that should be good for the economy to help it grow. they want this $50 billion bailout to put the assets of greeks into a fun so they can sell them off. the water utility, the electric utility. they agreed to do that in 2010 and never did it. what tsipras did not get is an agreement that they can take the proceeds, put them back into the bank, put them back into productivity enhancing investments in greece. it should help greece grow but they will have some short-term pain. matt: i heard a lot about the $50 billion fund, privatization fund over the weekend. a lot of politicians skeptical that the greeks have assets worth $50 billion if you do not include the acropolis and m yknos. do they have utilities worth $50 million? hans: it i

he has trouble -- mr. tsipras will travel at home. he has traveled far. will he accept the things he has agreed to hear? they are quite extraordinary. tom: brendan has a statement that has been printed out only moments ago. who put a gun to greece's head? who do you say did that? hans: more than one person in the room. we would be remiss if we reported it was just germany ganging up on greece. we understand holland benevolence was quite firm as well. we are getting a picture -- we understand how holland, netherlands was quite firm as well. we are getting a picture. it looks like greece is going to lead. the and up rescuing it in large part because of the 50 billion euro fund. it is housed in athens, not luxembourg, the big victory for tsipras. brendan: the note that came out of the summit reads, "the euro summit takes note of the urgent financing reads of greece -- urgent financing needs of greece." there is a distinction between that and the possible much larger bailout. how do they make sure that these very immediate financing needs are met? hans: that

he says the second letter from mr. tsipras has achieved no clarity. no clarity from that second letter. we're in a completely new situation with greece. we are always ready to talk and it says that greece has to make clear what it actually wants but there's no basis to have serious negotiations with greece with the the moment. >> but overall, markets taking this well. stoxx 600 up 1.6%. thanks for joining us. >> next up is squawk box. you know your dentures can move, unlike natural teeth. try fixodent plus true feel. the smooth formula helps keep dentures in place. it's free of flavors and colorants, for a closer feeling to natural teeth. fixodent. and forget it. >>> big breaking news global stocks are soaring one day after greece stiffs the imf. the country's finance minister appears to be backing down. reportedly now ready to accept creditor's demands for a bailout with a couple of lesser conditions. a losing hand in macau. gambling revenue at a near five year low. a live report from china on what this could tell us about the overall economy there.

tsipras? >> the focus is on the midnight deadline wednesday. what exactly goes on with the greek parliament, will the parliament throw its weight behind those pleasures. i as i said there is a list of greek austerity measures that have more or less polarized the greek legislature. after that the mechanism for releasing billions of dollars worth of funds to greece will begin and that could take many more weeks to come. >> neave barker, thank you. >>> some citizens have taken to social media to expresses outrage, noted they rejected similar cutbacks during the referendum. be whab chance he what chance is there that the greek parliament will agree? >> there is a certain degree of confidence that the prime minister mr. tsipras will force through this handful of laws that he must according to the eurogroup his european creditors and allies pushed through by midnight on sunday, will cause him plenty of problems. he's a left winger, within the left wing party, there are various degrees of left extremism if you like. and a growing number are saying the

a resounding majority in the referendum that mr. tsipras set them. he said vote against the concept of austerity the package that was on the stable then, and i will negotiate a better deal for you in brussels. they did vote no. but he was unable to deliver a better deal. he in fact brought back what appears to be a much worse deal. one of the things i think people were hoping for once the news emerged from brussels is at least the banks would start to get more cash from the european central bank, that's not going to happen. we layered from the greek central bank that the greek banks are going to stay closed for at least until wednesday. i think it may be beyond that. and then we have this other macroeconomic cash crisis. we've got some deadlines that the greek government have got to repay debt coming up the next week. the big one is monday, 3.3 billion euros back to the european central bank. where is that going to come from? and a bridging loan, again that is contingent on mr. tsipras getting a majority for those controversial laws, all hinges on we

tsipras will do. because mr. tsipras is facing huge international forces which want greece to follow the program, in spite of the catastrophic results it has already produced in grease. but what i say is that he has a terribly strong, the strong eggsest he could even imagine from his people not to accept the unprecedenced, cattle strove -- catastrophe since 2010. >> dimitri we have to leave it there. thank you very much. we'll continue to bring you news and views throughout evening felicity. >> thank you barnaby. >>> before self imposed deadline can iran and six countries agree on a deal? and politicians in south carolina debate whether to remove the flag from capital grounds. >> "inside story" takes you beyond the headlines, beyond the quick cuts, beyond the sound bites. we're giving you a deeper dive into the stories that are making our world what it is. >> ray suarez hosts "inside story". only on al jazeera america. >> hello again, reminder of the top stories on al jazeera. engineer plan chancellor says greece

but mr. tsipras has at least reached the point where he is in control of the domestic political scene. he's had his referendum, to back the austerity proposals that the greeks turned down in the referendum. therefore he can at least walk into talks in brussels saying i've taken the ultimate political risk. i have turned against the wishes of my people only on the promise that you also will be reasonable and i think that's the only card i has got at this point. >> john siropolous in athens, thank you. more than 800,000 parts of people have been moved from part of china's east coast the most powerful typhoon to hit the province in more than 60 years. let's get more from the meteorologist robert, where is this storm? >> the eye of the storm is just to the east of shanghai's center. majority strong winds will go right across shanghai itself. we have seen reports of gusts of 180 kilometers just to the southeast and resign of course a real problem. it's already giving 200 millimeters and another qu

we know however that the opposition is going to back mr. tsipras. so we expect that the votes will be ratified in parliament today and the deal will be endorsed. but what remains to be seen are what the political cost will be for mr. tsipras and his government the day after. >> let's go where no one really wants to go. what happens if prime minister tsipras fails to convince the greek parliament to approve these reform measures? what then? >> simply because he has all the backing of the opposition and also mr. tsipras is a figure that still enjoys a lot of popular support and also a lot of support within the parliament. in the last vote he got 251 votes in a 300 seat parliament. in the referendum he got 60%. we expect the measures to be voted in. but the political cost will be great and there is a chance. we are definitely expecting a reshuffle right after the vote and possibly we could be looking at a grand coalition in a short space of time or possible elections ahead in the fall. but it's too early days. everyone is concentrating to make sure tha

that is what mr. tsipras promised this morning in the european parliament. erik: we have to talk about scenarios because people cannot bet only on what you hope to achieve. they have to consider all possible scenarios. if there is no bailout in greece ends up in solvent with a failed banking system, would europe consider and ultimately provide these two -- two words that have become the buzzwords? humanitarian aid? >> whatever happens, but again no one wants to talk about scenarios pretty can torture me as much as i want. our best referred option by far the only thing on which we are dedicating some political energy, myself, now out of this eurogroup, in three weeks, we are ready to meet. we clearly believe the place of greece in the eurozone by voting no last sunday, the grace to not turn their back to the eurozone and we must not turn our backs to greece. it does not mean we are ready to do in agreement of bad quality p or we need strong commitments while waiting for them now. stephanie: has alexis tsipras been disingenuous to the greek people? we were dis

they basically hauled mr. tsipras across a log after he had gotten a no-vote for the last conditions and dictated the conditions to him again. then he had to say yes. this has been a -- this is the thing that's so worrying -- this has been accompanied in germany with a storm of anti-greek feeling and patriotic sort of welling of feelings. our money, thrown into a bottomless pit, so on and so forth. the rest of you, a lot of anti-german feelings, also very dangerous. which is why i think, as you asked, i think it's created such bad blood in europe, that it's ruined the project already. >> faye, you seem to be more optimistic about it. you at least say that you believe that it shows that a compromise is possible. there have been two compromises in the past, though. two bailouts that have failed. what makes you think that this is a compromise that might work? >> so this might have been a compromise, at least on paper but it's yet to be seen whether it can actually function. we still need at least four weeks of ve

>> reporter: well i think mr. tsipras has a very difficult course either way. if there is the no vote that he wants, then presumably he will remain in power and resume his efforts to find some sort of solution with creditors. but those creditors have signalled that a no vote for them suggests that the greek people do not want to remain within the euro zone and they have made it clear that a deal with this government simply may not be in the offing. if there is a yes vote then things are even more difficult for mr. tsipras, because he may in fact be forced to leave office. he may either be forced to resign from his position as prime minister and ask the opposition parties to join in a sort of national unity government that would then assume the negotiation, or he may have to call an election for an all together new government. >> john psaropoulos with the latest there from athens. thank you. >>> eight suspects are in custody following the attack in tunisia that killed 38 people. as the u.k. repatriated more than 30 victims, tunisia announced it detained seven me

i don't think this is what mr. tsipras wants. it's certainly not what the majority of greeks want who 80% want to stay in the eurozone. but at the moment you have a greek government facing tough times ahead. banks run out of cash mid next week. there is no money in their coffers to pay wages salaries and pensions. the window of opportunity is a very small one. i really hope that both sides make the effort tomorrow night starting tomorrow night at the meeting of the eurozone--first the euro group and then the leaders' meeting to find that elusive compromise that we so badly need. the alternative would be cat trough. >> okay. he said that despite the vote he believes that greece can stay in the eurozone. david sweat who spent three weeks on the run. sweat was shot twice when officers recaptured him last week. he was released sunday morning and transferred to a correctional facility in up state new york. matt was shot and killed by the police during the manhunt. >>> a train derailed last week dead fish have started showing up in a v

tsipras. mr. tsipras is trying to keep the balance. on the other hand he shows he will not tolerate major objections to what he is doing. on the other hand, he is trying to let most of his ministers remain in office -- for example finance minister tsaklalotos and the foreign minister will stay. brent: we will have to wrap it up there. thank you very much. dozens of people have been killed into its suicide bombings in nigeria. the attacks in the northeastern states took place as people were preparing to mark the end of the fasting month of ramadan. so far no one has claimed responsibility. but the attacks. the home lots of the islamist militant group boko haram. -- the attacks bear the hallmarks of the islamist militant group boko haram. >> we learned from an army spokesperson that there were three attacks in the town, and all involved underaged girls. one of them being even as young as 10 years old. what has happened according to eyewitnesses is those girls blew themselves up close to prior grounds and a mosque, and up to 13 people wer

mr. tsipras, you have to transform the banks in a private banking sector. you have to open the markets and the professions for young people. we do not have legislation, but legislation on the table to open at least -- and finally let's and the proposed privileges and your country. the privileges of the owners the military, the orthodox church in your country. you like privilege? very fine. they like privileges. i do not. the privileges of the greek islands. and the privileges not to forget of the political parties inside greece that receive money, your party receive such money. and that is, what i asked you, but all this together in a package and put it on a table now and in the coming days. i am pretty sure that from the european side, we are going to be ready to find a solution for debt. we will find a solution for all of these problems. it has to be done that way. and you can do it because there was never a prime minister in greece who has such a strong mandate as you. you have even a double mandate. you own the referendum. you are in the only position t

tsipras. mr. tsipras is trying to keep the balance. on the other hand he shows he will not tolerate major objections to what he is doing. on the other hand, he is trying to let most of his ministers remain in office -- for example finance minister tsaklalotos and the foreign minister will stay. brent: we will have to wrap it up there. thank you very much. dozens of people have been killed into its suicide bombings in nigeria. the attacks in the northeastern states took place as people were preparing to mark the end of the fasting month of ramadan. so far no one has claimed responsibility. but the attacks. the home lots of the islamist militant group boko haram. -- the attacks bear the hallmarks of the islamist militant group boko haram. >> we learned from an army spokesperson that there were three attacks in the town, and all involved underaged girls. one of them being even as young as 10 years old. what has happened according to eyewitnesses is those girls blew themselves up close to prior grounds and a mosque, and up to 13 people wer

so, again, the connection that mr. tsipras can make to a very skeptical greek public we take these difficult situations and they are connected to our situation being made slightly easier. >>> mexican drug lord joaquinel chapo guzman is still on the run, and now we're getting an up close look at how he escaped. >> reporter: behind me is the maximum security prison where many of mexico's more dangerous or high profile criminals are locked up, and none of them are morneau torturous than joaquin guzman who was captured and taken here in february of 2014. cell number 20 was home to the world's most wanted drug lord for 16 months until last saturday evening, in which he sat down on the bed of his cell and put on his shoes. he then got up and went into this area which is one of the only areas in this cell where the cameras can't see him, and he then knelt down and kept going lower and lower until he actually disappeared into this hole which then goes down into a tunnel which extends for 1.5 kilometers. it is worth noting that

and it is now up to the government of mr. tsipras to put forward, submi

so mr. tsipras is now, i think preparing to go to brussels with a very strong hand and to say we have now passed the measures despite the fact that people didn't want them. this is what we want in return. >> john thank you. ♪ >>> police in the somali capitol believe at least four people are dead after an attack in mogadishu. al-shabab has claimed responsibility for the attack and fighting is now going on inside the hotel. you know somali very well because you have reported from there, what is the latest you have been getting thoenz attacks? >> the latest is the security situation in both of these hotels is under control. but we don't know if that means the attackers have been killed or cornered in the buildings. so as people were sitting down to break their fast two explosions happened just in front of these hotels. they are not that far apart. they are not that far from the presidential palace. this was followed by heavy exchange of gunfire between the attackers that were al-shabab member

tsipras is clinging to. he is telling the greek people this is a painful deal but in it is implied the possibility, sooner rather than later, he hopes, that our debt mountain will be restructured. >> tsipras still faces a tough task ahead of limb doesn't he? >> reporter: yeah it was a bruising night for him. 39 of his own mp's from the syriza block chose either to vote against him or to obtain so he has a significant factional rebellion if you would like. he is meeting with his close advisors this evening in his office. he understand the latest news emerging is there will not be this much rumored of ministers today, but it is thought inevitable he is going to have to rearrange to try to bring in loyalists to strengthen his government, longer term down the line, tough political decisions, and tough legislation will keep coming all at the insistence of its e.u. creditors next wednesday on the 22nd of july. some more laws dealing with privatization and unions and collective bargaining, all very sensitive issues

erik: and it weaken the hand that mr. tsipras was playing. vadim: a lot of activities that we have seen since the beginning of the crisis has strengthened the feeling that perhaps greece is a one-off story. that consumer and business confidence are going to stay reasonably strong. brendan: jeter as a market participant whether europe gets its structure right? or do you just care that there is not complete catastrophe greece? vadim: i care about both. much of it is driven by government action. you could not be an investor and ignore that. moderation would probably be enough to get the stock prices higher. erik: it does help to frame things in terms of winners and losers. who are the winners right now and who are the losers? >> i think everybody is losing in some ways. there were not very good choices. the greeks could choose between a bad deal at a horrible deal. they are losing, but they do not realize that everybody wants to help them. as far as the rest of the world is concerned. nobody is going to change their lifestyle as it goes with gre

that is our difference. >> reporter: this is the line that mr. tsipras is going to follow. he is going to have a lot of political issues to deal with. we expect there is going to be a reshuffle, possibly as soon as this week. but at the same time the focus now turns back to the banks and what is going to happen with finding a way to reopen the banks, have some liquidity flow into the country. the european central bank is expected to convene on this today and a euro group meeting later today to deal with bridge financing greece needs to make a reloan payment to the european central bank by monday in order not to default its debts there. that's a very crucial payment for greece at this point. after politics have spoken we turn to the economy for now. >> we get back to the reality in greece. it is passed its first major hurdle but a lot of business to do and get done this week. i'm wondering what impact prime minister tsipras' comments that he didn't believe in the reforms and didn't think they would work but had to pass them. i wonder how that might impact the next few import

mr. varoufakis when mr. tsipras asked the authority to make a negotiation he did not vote at all. in the second voting for the program last wednesday, he voted note. -- he voted no. then he explained why he did not believe in the program. yesterday [indiscernible] then he voted yes. so it is likely you cannot understand what he is doing. manus: you think it will help heal some of the division. do you think this will be a sign i am changing my tune because i think that needs to be done to stay in the euro? adonis: mr. varoufakis just came -- just became very popular. he doesn't influence one mp. manus: the roadmap for a new negotiation is now set. the prerequisites are done. with greece be better served if tsipras reached out and created a unity government? to be in a stronger position to negotiate? adonis: mr. tsipras has to decide that he wants to implement the program. even yesterday, he said he doesn't have the ownership of the program. it is very strange to me because the program says the key point of the greek authority would prove they have a full ownership of the program. h

tsipras made his announcement last weekend and throughout the day. i have felt the tension go up a notch with every parting hour. as you said we are dealing with exit polls and opinion polls with a relatively small sample of voters and it's still within a margin of error. so we've got to be cautious. i can tell you that i have bumped into a government minister within the last half hour, and he was looking confident. he said we are winning, and when he means "we," he means that will be a no vote. >> will be an "ache as we say in greece. i have heard the yes vote may have been closing in on the no votes towards the ends of the day's voting. we will simply have to see. >> barnaby, if the no votes campaign does win -- and it's pretty close -- what kind of a mandate aid does that give the greek prime minister who we see on our screens now and what is he likely to do next in terms of talking to those people to whom greece 0 such vast quantities of money? >> well, i think it's important to say that if there is a no vote by any margin this is an extra overhe

if mr. tsipras manages all this, then it will be a package i think that the greek parliament and people will find palatable and this is why the debate is being held in parliament tonight to send mr. tsipras with an already approved package so he can have a stronger hand in bargaining. >> this is the first time we are hearing and seeing about the details of these reforms. that being the case, how different are they to the ones that had been previously submitted to the e.u. >> they aren't. this is the package that was put to the referendum and voted down. this is the package that the voters original nationally -- sorry, the creditors originally suggested to the greek government two weeks oggin brussels which the government turned down when it created the referendum. this is roughly speaking the package that was on the table at the beginning of that week of negotiations in brussels now almost three weeks ago when the greeks came in with a counter proposal to instead of making painful cuts to th

. >> what are the changes that tsipras is -- wants to negotiate on now? >> mr. tsipras wants to really add a few foot notes to what is presented. he wants to delay the implementation of a new labor law until october. he wants to start reducing supplementary pensions and subsidies for low earning pensioners from the end of the year rather than july 1. these are foot notes. essentially, what the program says and these are essentials that the greek government itself originally proposed is that pension spending would be cult by $700 million this year, and more consumer tax would be raised to the tune of $650 million. the greek plan is something that the creditors have embraced. they've added a few other things. the greeks essentially have said yes to that. the trouble is that it's not bog to be plain sailing. mr. tsipras isn't going to manage to slip back into a financial oversight and assistance program so easily. germany is saying that we have to have the referendum first. this essentially pressures the government, because if there's a no vote, his creditors can s