After many failed negotiation attempts between Greece and its creditors, Greek government on Sunday 28 June authorized Prime Minister Alexi Tsipras’ proposed 5 July bailout referendum, asking Greek people to vote on whether to accept or reject the latest terms offered by creditors to Athens in order to unlock billions of euros in bailout funds. This sets Greece on course for a plebiscite that has increased the chances for a “Grexit”. In addition, Greece formally defaulted on a €1.55bn payment to the IMF on July 1st. Will this situation escalate to the point of pushing Greece out of the Eurozone? Will Greece and its creditors finally reach an agreement to attempt to solve this crisis?

Take stock of the latest developments concerning the situation in Greece and explore the possibility of a new bail-out programme, or indeed a default and exit from the eurozone, as negotiations veer into unchartered territory.

SPEAKERS:
- Cinzia Alcidi is the Head of Economic Policy Unit at CEPS, Center for European Policy Studies. Expert on International Macroeconomics, Monetary Policy, International Finance

-Professor Theodoros Koutroubas is a PhD in Political Science and International Relations from the University of Louvain (UCL).

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