Greek PM Tsipras says Greece will survive even without the Eurozone bailout program

FXStreet (Córdoba) - Speaking on television, Greek Prime Minister Alexis Tsipras said on Monday that Greece will survive even without a bailout programme.

Main remarks from Alexis Tsipras:

*Greece won't abandon democracy

*Germany’s Merkel said there will be negotiations after referendum

*Creditors did not want compromise, but rather to impose their terms

*Greek banks were shut because there was the bailout program was not extended

*Creditors positions on Greek referendum are mixed

*Creditors don’t want Greece out of the Eurozone

*Costs of a Grexit will be huge for Eurozone