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Schulz joins in urging Greeks to vote 'yes' in referendum

Schulz joins in urging Greeks to vote 'yes' in referendum

European Parliament President Martin Schulz on Monday added his voice to the chorus of European officials and leaders urging Greeks to vote 'yes' in the referendum on July 5.

A 'yes' vote will be a "good basis for future cooperation," Schulz said, noting that the outcome would primarily affect the Greeks themselves but also the other member-states of the EU and the eurozone.

Schulz referred to his earlier conversation on the phone with Greece's Prime Minister Alexis Tsipras, during which he pointed out that the referendum will affect all the eurozone. Schulz also raised an issue concerning the question to be put to the voters in the referendum, pointing out that the existing Greek programme will not formally exist when the referendum was held.

The European Parliament president noted that a way must be found to "bridge" the four days that intervened between Tuesday, when the Greek programme officially expires, and the vote on Sunday. He noted that there was no legal solution to the issue but that "in critical situations we must be creative."

Finally, he noted that the proposal presented by the institutions did not include wage and pension cuts, or VAT hikes in energy, pharmaceuticals and the healthcare sector, while it also included the European Commission's 35-bln-euro package to boost investments and employment in Greece.