Greek Crisis: Alexis Tsipras Urges ‘No’ Vote

Greece's prime minister Alexis Tsipras appears in an interview for the country's ERT TV station on Monday, appealing to the Greek people to vote 'no' in the upcoming referendum on Sunday. Tsipras says he does not believe the country's creditors want Greece to leave the eurozone, mainly because the cost of such action would be huge. He adds that the higher the proportion of 'no' votes, the stronger Greece's negotiating hand will become. A series of events over the weekend left Greece close to defaulting on its debts. Prime Minister Tsipras, said his government would hold a referendum on budget proposals made by the country's lenders. European officials refused to extend the country's bailout program, which expires on Tuesday, the same day it's supposed to make a debt payment to the International Monetary Fund.