Original subtitles

For 7 years, the Greek people have lived

under the weight of a colossal debt.

A new government will bring hope for a way out of the prison of debt.

If we win this election,

after all these years of deprivation and oppression,

everything will change.

They beat the drum and we danced.

Now, we'll beat the drum and they'll dance.

If we win,

we'll never pay the debt. We'll force them to pay damages.

European banks gambled mountains of money and lost.

They reached an astronomical debt of one trillion.

The governments of France and Germany

transferred 600 billion of the banks' losses

onto the European taxpayers.

And in order to save the German and French banks and some Greek banks,

they transferred another 320 billion of the banks' losses

onto the Greek taxpayers.

To be paid by Greek people:

320 billion.

We are going to destroy the oligarchy

which built a system, a network of power,

which sucks the economic power in our society.

If they win,

we kick them out of the Euro.

NEW DEMOCRACY 18,8 SYRIZA 6,0

SYRIZA 18,7

SYRIZA 20,0

SYRIZA 35,0

SYRIZA 36,3

Speech!

I'll make my speech after the final results!

Europe will see us for what we really are.

A statement!

Later!

The statement...

The statement will come only after the final results.

Later!

So? What now?

We make a government.

We find allies and change the country.

What allies?

After the swearing in ceremony at the Parliament,

instead of swearing on the Gospel, the new PM declared

he would respect the constitution.

- Communists! - Is that what we got wrong, Steve?

No, you won the elections.

You are the Minister of Finance

and you achieved a majority with a far-right alliance.

When you were in Washington,

I used to refer to you as the Prince of Darkness with my students.

Prince? I've been called a lot worse.

I am going to need your advice.

You're left-wing radicals.

They'll do all they can to crush you and the hope you represent.

The Germans and their allies will strangle you.

It'll be a tragedy for your people.

It's already a tragedy.

What's your plan?

Compromise and everything.

Without ending up compromised.

Your party promised the voters you'd wipe out the debt.

There are electoral promises and there's reality.

Meaning?

I want to negotiate the restructuring of the debt, forgiving part of it

and putting an end to austerity so the economy can grow again.

They won't let you do that.

The Prime Minister fully supports me.

And the radicals in the party?

They obey the Prime Minister.

You're an outsider.

In politics and in power.

An outsider who values his freedom.

Well, I've decided to become an insider.

But I'm keeping my freedom.

I've already prepared my resignation.

You've just won and you're preparing your defeat?

This letter will allow me to do what I have to do,

which is to get the country out of the prison of debt.

You're staying an outsider.

The insiders will never forgive you.

5 months and 12 days later

I resigned.

I've been arguing with the Prime Minister for four hours.

Six months of arguing and he still doesn't get it.

He just doesn't understand.

Berlin wants to punish this country

and to make him submit.

It's a no-win situation.

Just Berlin or... all of Europe?

Everyone.

He thinks Angela is his friend, that she'll support him.

In fact, she won't cede a thing.

She won't retreat an inch.

You did all you could to help.

He did nothing when his people attacked you.

You were right.

You should have resigned then.

He backed me...

for a long time.

We'd agreed on everything. He had accepted my propositions.

For the Germans,

the French, the Italians...

They're not expecting us to negotiate everything.

In an open, constructive spirit.

But firmly!

The Germans want to kick us out of the Euro.

They can dream on!

We're in the Euro and we're staying.

He's not a Party member!

And don't become one.

They'll eat you alive.

Don't like my choice of ministers?

Shut up or leave!

They must understand our determination.

The party's program is not necessarily the government's.

No sado-monetarist?

Not here yet.

Why is the Troika leader coming two days after elections?

Three days. And he is not the leader.

Will he announce a Grexit?

Or the Cyprus play?

If so, we're doomed.

There will be blood at the banks.

They've never given a shit about us!

- They're here. - They? How many?

This isn't Cyprus.

We can't reject their demands forever.

Yes, we can.

And their bullshit too.

Please come in. These are my colleagues.

This is the president of Eurogroup.

Representative of IMF in Greece. Nice to meet you.

- Minister of the Territory. - Very nice to meet you.

We'll be back in a moment. Please.

So...

I'm keen for us

to build a good, working relationship, President.

But I must tell you that...

Troika's methods have been counterproductive.

Troika's not much appreciated here.

No, not really, no.

Tell me,

what are your intentions regarding the MoU you despise?

The Memorandum of Understanding to reform your country and repay its debt.

Please have a seat.

We need to find a compromise between our program that our people voted for

and your MoU that has wrecked our economy.

That won't work.

Are you saying that compromise is not an option?

You have fifteen days before committing to the MoU at the Eurogroup meeting.

If not, the program crashes.

That's an ultimatum! Three days after our election.

Our country's in ruins and you're throwing us out of the Euro!

- I didn't say that. - You implied that!

You're not interested in a compromise, are you?

Your MoU is indecent and impossible to achieve!

Then I'll announce to the media that you reject the MoU,

in other words, quitting the euro, your economy collapsing, chaos...

Okay! Let's go tell them.

Wait, wait, wait! What? What do we tell them?

You tell them what you like.

I'm gonna welcome you.

Good morning.

I would like to thank all of you for attending this first meeting

with the president of Eurogroup,

whom I'd like to welcome to Greece.

I will now hand over to him.

Good morning, ladies and gentlemen.

Today I've had very constructive meetings

with members of the government.

I appreciate the welcome we've received.

Same speech for five years.

It's a first step towards our forthcoming collaboration.

Excuse me.

Minister, will you cooperate as slavishly with the Troika

as your predecessors did?

Cooperate with the European Commission,

the European Central Bank and the IMF... Yes!

But...

not with their bureaucrats who have applied

the same degrading methods for five years.

They're the Troika.

Even the European Parliament considers their proposals flimsy.

Any cooperation with them is off the table.

You just killed the Troika.

They're our strength.

They can turn against us tomorrow.

Only if we disappoint or betray them.

One day, we'll disappoint them.

Not necessarily.

They'll ask for more and more.

We'll disappoint them.

FOR RENT

FOR SALE

FOR RENT

FOR SALE

FOR RENT

See?

Everything's closed.

You must help them re-open.

Here's your Ministry.

You paid me.

By kicking the Troika in the balls.

Listen to them, but no promises. They're dynamite.

My suitcase!

I know the problem. Prepare a decree to rehire them.

I'll sign it when I get back.

In four days.

We'll be here.

Rehiring 300 cleaning women will not please Europe and the Troika.

They better get used to it.

The taxi drove off.

With my minister outfit?

Great!

Go find him. Hurry!

Good morning.

This sums up our tragedy: we're in debt to German banks

for buying German limousines.

Take note: all limousines will be replaced

by cars for the leftists we claim to be.

That's more media spectacle than economics.

It's a media society.

The Troika will appreciate our savings.

Paris - Finance Ministry

Is it warm?

Yes, it is. A bit large.

The French don't care how people dress.

But the English...

Elevator straight to the Minister's office.

Yanis!

Bonjour!

Welcome!

- Ambassador. - Minister.

- Minister. - Pleased to meet you.

Welcome to Paris.

- My team. - Good morning, welcome.

Make yourselves comfortable.

Yanis! I'm so happy to see you!

Thank you for this warm welcome, Minister.

Call me Michel.

Dear Michel...

Your warm welcome,

our long-standing friendship with France, her solidarity,

are absolutely necessary for us

to exit the MoU and to make a new contract with the European Union.

I presented our project at length,

for a restructuring of the debt,

for a realistic budgetary policy against austerity

and for reforms to combat corruption and the privileges of the oligarchy.

I explained in detail our proposals for getting out of the crisis...

Michel thought they were perfect.

The success of your program will be ours too.

We must replace Europe's neoliberal austerity frenzy

with a viable program that you need,

as does the rest of Europe.

The press awaits us.

We waited too long to rebuild Europe. We need growth.

Berlin is upset you came to Paris first.

Well, you invited me and I came.

George Osborne, your colleague, invited me to London, I go to London.

You must go to Berlin as soon as possible.

Is that an invitation or a summons?

Good morning.

Thank you all for coming.

The picture.

Thank you.

Let me welcome a friend and representative

of a sacrificed country

that has been suffering for years.

But Greece made promises to its creditors

and the government must honor them.

Greece must respect previous agreements with discipline.

But they must sign the MoU,

the Memorandum of Understanding.

I decided to respond without controversy,

to emphasize the cultural, amicable relations between our two countries.

France, a friend for two centuries.

I had come to set out for the Minister the broad outlines of the reforms

which we needed to implement...

I continued in the same friendly tone

despite the humiliation Michel had inflicted on us

to please Berlin.

That will be all, thank you.

The group photo.

Thank you, gentlemen.

What are you doing?

Say one thing in private and the opposite in public?

Get used to it.

Yanis.

You must understand,

France is no more what she used to be.

Come meet our Minister of the Economy, Industry and Digital Economy.

And more surprises up his sleeve.

- Yanis! - Emmanuel!

- How are you? - I'm okay. How are you?

Fine. Has Michel been telling you about France?

Oh yes, apparently no longer what she used to be.

They're all obsessed with the difficulties.

We need to imagine another France,

a France that succeeds.

Yes.

Come this way. Come with me to my office.

Are you going to Berlin?

No, I'm going to London. George Osborne invited me there.

And I'm gonna use his invitation to placate the money men in the City.

It all happens in Berlin.

But Berlin hasn't invited me.

I guess they're waiting for me to invite myself.

Your situation depends entirely on Berlin.

You should go to Berlin.

London

Both the average Englishman and the ruling class

consider Europe an obstacle to progress.

For them,

France clings to Europe to avert its own decline.

Their opinion of us?

Lousy. Laced with contempt.

But Minister Osborne respects you, sir.

Finance Minister

I'm sure the French declared their undying love for you

without promising anything.

As for us,

no, we don't really love you,

especially your polydogmatic Party

and your economic policies which, frankly,

they are a major danger to the global markets.

And nor are we willing to intervene

in the Eurozone's affairs.

I never expected George Osborne, a Eurosceptic, to be so open.

He had explained to the press that he was welcoming me

because he thought that our crisis

was a significant risk for the global economy.

What do you want me to do for you?

He promised to help us, but did nothing significant.

Except to encourage me for my meeting with the financiers,

and to prepare me for the savage attacks ahead.

I have to warn you.

There are a couple of killers towards the back.

Don't worry. Yanis will take care of them.

Sure. Good luck.

Thank you all, for...

Thanks.

I want to thank you all for attending this meeting.

If you've come here to defend your economic program,

you might as well leave straight away.

You're facing a massive sell-off of Greek bonds and shares.

Are you in favor of privatization?

Well, it depends on the terms and on the price of course.

Would you sell the Parthenon?

For a good price?

The Parthenon is not mine to sell. It belongs to all of humanity.

We were elected

to preside over a bankruptcy

that neither our predecessors nor Europe were ready to admit to.

Europe set up a rescue plan to save Greece.

The rescue plan was to save the German and French banks.

Shame!

Nonsense!

Their colossal debt was transferred onto the Greek people.

How are you planning on satisfying

the expectations of your populist promises?

My Prime Minister is fully aware of the realities

and we're ready, we're prepared to compromise.

But on one condition:

our nation's debt slavery ends.

I've come here to propose a link between

our debt level and our national income.

It's exactly the same methods that you use here in the City, or in Wallstreet.

So why not use them to save Greece?

This is the total debt:

473 billion.

Of this mountain of debt,

only 15% is owed to you.

I'm proposing a restructuring

of the 85% that is owed to the Troika

and not touch your 15%.

You've already suffered a major write-off.

And to tell you the truth I prefer not to turn you guys into my enemies.

And what are you going to do with the 85%?

I'm going to propose to the Troika and the European institutions

to become our partners in growth for 15 years to come.

You really think that's enough to convince them?

Almost certainly not!

That's why we are also proposing the end of austerity.

Even your own pro-austerity Finance Minister Osborne

thinks that the demands on Greece are exorbitant.

So instead,

we're pushing for the profound transformation of the State

and for tax rates

to encourage foreign investment,

including I hope, yours.

Big success.

You'll see the results tomorrow.

Good morning, sir.

Mr. Minister, the Adam Smith Institute loved your speech.

Great! Leftist economists won over Thatcher's favorite think-tank.

Our comrades will make us pay.

Yes?

What's that ridiculous coat?

My daughter already yelled at me.

Thank you.

I recorded this.

Greek stocks are going crazy.

They're up 11.2%,

in the hope of a resolution of the debt standoff

between the radical government and its creditors.

Now the Germans will respect you.

Frankfurt

European Central Bank

Your debt amounts to 186 billion

owed to the EU.

29 billion to the ECB,

plus 25 billion to the IMF.

And don't let me get started on the money Greece's banks owe us.

Altogether, more than 410 billion.

Your GDP has dropped from 250 billion to 175 billion.

Plus 100,000, plus 250,000,

plus 480,000,

plus 600,000.

The ECB can no longer underwrite confidence in your banking system.

Welcome, Your Excellency. I'm in charge of your security.

Please, follow me.

- Mr. Minister... - Mr. Ambassador...

We don't need bodyguards.

Orders of the German government, Minister.

The ECB's loss of confidence in our banks

made the Athens Stock Exchange fall 10%.

You lost what you gained in London.

German Finance Ministry

- Good morning, Minister. - Good morning.

When do I get my money back?

So, here you are at last.

- I'm listening. - Your Excellency...

Call me Wolfgang, I'll call you Yanis if you don't mind.

So, Wolfgang...

I'm here to work together

to end this long-standing drama,

detrimental to both our countries.

My Prime Minister has authorized me to assure you

that we are committed to the Euro,

we are proposing the beginning of negotiations

which could lead to a compromised solution

acceptable to both our creditors and our people.

We're not asking for an outright debt reduction,

but for a reasonable link between our repayments

and the increases of our national income.

In addition, we're working on an algorithm hunt for tax evaders.

Now, when I outlined this proposal to London's bankers...

Cheap fireworks.

I'm not inclined to discuss anything you're proposing here.

Regarding tax evasion, we are prepared to send you 500 specialists

to sort things out.

You already sent the Troika over four years ago.

They control the economy, imposing policies on ministers

and turning this crisis into a tragedy.

I didn't send them, Europe did it.

You cannot expect us to fund your very generous social security system,

a Communist dream.

Well, our priority is the survival of this social security system.

Major savings can be made elsewhere.

These are our proposals, our modest proposals.

For the institutions.

Your Excellency,

it is regrettable that the proposals of our newly elected Greek government

be sent to the institutions, the technocrats of the Troika,

without being discussed by the political representatives.

The journalists are waiting, gentlemen.

You have 12 days before the Eurogroup meeting

to reconsider your strategy.

Ladies and gentlemen, thank you for coming.

I have met with my Greek colleague.

And despite our very cordial discussions,

we can only agree on the fact

that we agree about nothing.

We don't even agree on that.

Either Greece toes the line

or steps out of the line.

Now I'll leave you with the Minister.

If we have understood correctly,

it's stalemate?

Well, the Minister has a radical position.

We have a radical position.

So everybody has to make an effort

to understand the other.

Minister, do you think

he'll end up dancing to your beat?

There are electoral speeches and there are social realities.

My country is going through a humanitarian crisis

and Europe is facing an existential crisis,

so we all must collaborate,

but in order to do that, we have to be non-dogmatic.

What about Greece's anti-German fanaticism?

Do you plan to negotiate or eradicate it?

What about German fanaticism against Greece?

We need to stop these stupid games

that only breed hatred

and racism.

Our government wants dialogue,

negotiation.

But they don't want to discuss

or negotiate with you.

We are a people of millennial patience.

And we have stoicism in our blood.

Nevertheless, this crisis is dangerous for all of us.

The German people know better than anyone what can result

from economic crisis combined with national humiliation

and endless despair.

This is how the serpent's egg hatches.

Back in Athens I will be in a parliament where

the third largest party is not neo-Nazi,

but just Nazi.

And it has thrived on this crisis.

That's why we need your help, sir.

We need the help of the German people

to fight against the fear of the other

and return to a normal life in the European Union.

And that depends on you, Minister.

Hang in there, Minister.

The Germans or just Wolfgang?

Both.

Wolfgang is organizing our exit from the Euro.

They're waiting.

Step 1: have the European Bank

cut off cashflow to Greece

so our banks close.

What do we do?

Prepare for the Eurogroup meeting. It will all play out there.

And prepare to replace the Euro, in case they kick us out.

Any progress?

As you requested, I'll form a team to work on a Plan B.

That mustn't get out.

It won't.

Talk only about Berlin.

Of course.

Welcome!

Fuck Brussels.

The Russians will give us billions.

They're broke. And they are not a solution.

Tell us about your European tour.

The stock exchange traveled too.

It went up, up, up.

Then down, down, down.

Who cares about stocks?

To sum it up:

they all want us to apply the MoU.

The what?

The Memorandum of Understanding, signed by the right.

I didn't know it was called M-O-U!

We won't submit to it.

We ran against it.

Wolfgang swears only by the MoU.

Doesn't he know we won the election?

Our people are fed up with Berlin's diktats.

Many agree with Wolfgang.

The French? The English?

The French... are weak.

Hollande helps a little...

We can't expect much from the English.

The European Bank?

The European Bank will cut off our cashflow

if we refuse the MoU.

Your trip was a disaster.

The papers say you called Wolfgang a Nazi.

Lies! Sit down.

They're attacking all of us.

Anyway...

- Your proposal? - Fuck Brussels. And fuck the debt.

- What next? - Next, they'll negotiate.

The first Eurogroup meeting is in 12 days.

We have two options.

Number 1: we sign the MoU and we're good guys.

Number 2:

we stay intransigent and get kicked out of the Euro.

In short,

to reach an agreement with the Eurogroup,

it's imperative that we present

a united front.

Their threats mustn't affect us.

We go there to negotiate.

We'll go all the way if we must.

- Strong-arming them can backfire. - Acting weak is worse.

We can fight and not get fucked.

Listen. If we go there ready to roll over,

it'll be a disaster.

Thank you, Fenia.

Now, this meeting along with others that will follow must remain secret.

We need an initial evaluation for the first Eurogroup meeting

in which I'll most likely be threatened with expulsion from the Euro.

- The meeting is in 10 days. - I know, there is not much time.

So, you need to study hard every aspect,

prevent shortages, and if need be, issue

first, digital, and then paper currency.

Of course this must be in utter secrecy.

If this gets out, there'll be national panic.

We wanted to fire 2,000 doctors.

Then 2,000 more. And another 2,000!

When they decided to go on strike,

we fired them all at once!

8,000 doctors fired.

How many hospitals had to merge?

Nobody knows.

The figures weren't released.

We need the doctors back.

Many went abroad.

- How many? - Over 3,000.

The Prime Minister wants us to consider rehiring them

and re-opening the hospitals.

To draw up a list of progressive reforms

that can replace the austerity cuts.

The vindictive austerity cuts.

Fire sales that benefit only the oligarchy.

The Troika calls this "The Program".

The program enables the Troika to sell-off Greek assets

without government control.

Now, this is the Greek official that runs the program.

What do you sell?

Everything.

Anything belonging to the State.

Highways, land, beaches,

buildings, ports, railroads.

And airports of course.

And lots more of our country's wealth.

It's not a sell-off, it's a sale.

Actually, it is a sell-off. But with no real effect.

Let me show you why.

So, this money reimburses the debt.

At the same time the Troika is forcing us to take out new loans

to pay the debt, which creates more debt.

This deficit requires higher taxes.

At the same time we cut

wages, pensions, benefits and public investment,

lowering the incomes,

which in turn slows down the economy even further

and it all creates lower tax receipts for the State.

Which leads us to fresh new loans

to repay the old loans.

All these create

more unpayable debt.

It's a vicious doom loop as you can see

in the subtitles.

Whatever we sell

doesn't make any difference on the debt.

What I need from you is detailed research and proposals

on each point. Starting from privatization.

So, Kim here will be following your work.

Thank you. And we'll speak later.

Okay, let us start with European Central Bank first, shall we?

You work only with foreigners.

Eavesdropping?

Not at all. Your El�ni worked for the right.

The Prime Minister knows.

Minister!

This is Sven, the European tax expert.

- Pleased to meet you. - Likewise.

Yani, you go to the Eurogroup and you blow it up.

No pasaran. Hasta la victoria siempre!

This way, please.

- But they did pass. - What?

Nothing.

Brussels European Commission

There it is!

Are you leftist or radical leftist?

The tie!

Come.

This way, please.

Welcome to our circle.

We look forward to hearing what you have to say.

I'm sure we are going to do good work.

Thank you.

Please take your seats. We're about to begin.

I'd like to thank all of you for your presence here

at this very important meeting.

The representatives of the new Greek government,

the debtors, are with us. The creditors,

the IMF,

the ECB.

The representatives of the European Commission

and your colleagues, the Finance Ministers of the Eurozone,

are all impatient to learn your intentions.

Minister, please take the floor. Try to be brief.

Thank you, Mr. President,

colleagues...

After five years,

I understand that you are tired of the Greek drama.

Believe me, the Greek people are tired of it too.

We are here to negotiate and win your confidence

without losing that of our people.

It is our commitment

to clean up our finances

and make the fundamental reforms our predecessors

did not succeed in making.

Now, I know

some of you may regret the victory of the left.

But I assure you we are committed Europeanists.

I'm here to find common ground with you.

I'm asking not for

an erasure of our enormous debt

but for its restructuring.

And we also seek the renegotiation of the MoU

in order to end the austerity

that is preventing any deep reform of the country.

A bridge must be built

between the Troika and you to renegotiate the MoU.

This people, whose sacrifice is unbearable,

sends us message of democracy

with its new government.

Elections cannot be allowed to change economic policies.

Your country has obligations to implement the MoU in its entirety.

The people often change their minds.

The Eurogroup cannot start over and over again every time.

That would be the end of the Eurozone.

What is the point of elections then?

If the popular vote is irrelevant

and we cannot discuss the MoU,

what are we doing here?

Perhaps we should ban elections altogether.

What are you doing?

These are our proposals,

so that anyone can see that they're solid.

We'll have a ten-minute break.

You can't distribute them.

I can't share the analysis of my proposals on the MoU with my peers?

After all, the MoU is the subject of this meeting!

No.

You can't hand them out before first informing their parliaments.

If you do that now, this meeting is over.

We should listen to them. They're competent.

They've thought about the different issues.

We're not here to listen to them, Christine.

I already told the press that we must hear the Greeks out.

Empty speeches...

Just bluster...

Mediterranean narcissism.

Ignorance combined with confidence, to quote Mark Twain.

President, the discussions have hardly began

and there's already a communiqu�.

Precisely, to discuss it.

It calls for flexibility with the MoU, it's good.

It's a trap.

It says good relations,

meaning our budget stays under Troika's control.

No mention of restructuring or ending austerity.

This communiqu� rules out any bridge

between the MoU program and our people's mandate.

It's out of the question to renegotiate the MoU.

In good faith, I'm asking whether this communiqu� could refer

to an "amended" MoU.

And you'd commit to an amended MoU?

President, we are prepared to commit to an amended MoU

that is financially plausible and socially just.

The word "amended" before MoU

would have to be accepted by the German parliament.

I would not defend it.

It is out of the question that our parliament

discusses amendments on such short notice.

Do you understand?

It would take the Parliaments 2-3 weeks to approve any extension.

Today we cannot leave this room without a joint press release.

That would oblige the central bank to pull the plug.

Without cash, your banks will close in a few hours.

President, you are giving me an ultimatum

at my first Eurogroup meeting.

Because of parliamentary procedures and delays,

all that I have said to save my country from suffering means nothing

because the MoU is the MoU.

Because the MoU is what it is

and nothing can change the MoU.

As a democrat I say no to your ultimatum.

You are like grasshoppers.

After spending and squandering everything,

you demand that the ants keep on supporting you.

Your country lied, cheated and overspent.

We are not responsible for previous governments.

You have extravagant salaries and pensions.

The Troika has reduced them by 40%!

You want my people to pay for follies that lasted decades?

Is the purpose of this meeting to insult a people

and their representatives?

Take it or leave it!

Would you sign for adjusted instead of amended?

You declared that the conditions for the recovery of my country

are debt reduction and a lower tax rate.

That's a lot more than an adjusted MoU.

Exactly. But the priority now is

to approve the press release and continue negotiations.

I will advise my Prime Minister to accept

"adjusted MoU to help us to resolve the humanitarian crisis."

That's unacceptable.

The phrase humanitarian crisis is too political.

Well, there's nothing more political, President,

than ignoring a human tragedy because it's too political.

Ten-minute break!

What do you think?

Accept adjusted alone.

- Yes. - They'll close our banks.

Let's buy time.

Withdraw your humanitarian crisis, it won't go through.

Adjusted is an important step to avoid collapse.

Our Parliament will be opposed

if I concede everything from the beginning.

Say that to Wolfgang, he'll understand.

First, I have to speak with my Prime Minister.

We need a longer break.

There's a quiet place over there where you can discuss, alright?

Adjusted MoU is surrender.

Any alternatives?

They'll shut the banks. Let's give in.

They won't crush us at our first meeting.

You're taking too long.

This kind of communication during a meeting is not normal.

What is normal?

You're forcing us to choose between closing down our banks

and accepting new austerity measures that turn the country into a wasteland.

Excuse me! But I have better things to do than be on a never-ending break.

We're buying time. Talk later.

See? We're buying time.

Yanis, all this is a huge waste.

You have one last chance to sign.

I'll sign whatever you want,

accompanied by the phrase you consider too political.

It's a total stalemate but you gained a little time.

Only a little.

I'm too old for these games.

Is it your plan to leave the Eurozone?

No.

But we won't bend over under the threat of expulsion.

Your banks shut, no more money.

Well, as the Beatles say:

"Money can't buy me love."

The Eurogroup politics provoked protests

in several European countries.

They accuse the Eurogroup of conducting

anti-democratic and neo-colonialist policies.

Your take on the meeting?

Under Wolfgang's thumb.

Now...

they'll try to overthrow you

or create chaos and blame it on us.

Most of them are against us.

"Empty speeches,"

"arrogance, Mediterranean narcissism..."

I'm their target.

The French president smells danger.

I offered him an official visit.

You should talk to Merkel.

Only she can rein in Wolfgang.

Jeroen, president of Eurogroup.

Hello?

I'm waiting for you.

Jeroen is only a minister. Alexis shouldn't meet him.

He's also president of Eurogroup.

Is Jeroen a puppet or the puppeteer?

- Thank you for seeing me. - Please, come.

It's about the press release.

I've come to propose instead of amended or adjusted,

the words updated MoU or modified MoU.

Whatever you want.

But it has to be adjusted by

"to help to resolve the humanitarian crisis".

In that case I'll come back with another proposal.

Do it. Just do it.

Thank you.

We have to throw them a bone.

Let them choose who they talk to and we lose.

This way.

They're furious. This won't be fun.

The Troika are economic ideologists,

all the more fanatic because as economists, they're mediocre.

They represent the high-ranking officials of the Central Bank,

the IMF

and the European Commission.

And they're indifferent to the suffering they cause.

Raising VAT taxes

on cigarettes and alcohol, gas, car and truck sales,

rentals...

Second,

pushing the age of retirement back to 67...

You forgot the home evictions for the families

who could no longer pay their mortgages.

Indeed, thank you.

Here are the figures.

I move to projects to be decided.

Cutting salaries by 30%.

And depending on categories...

You already cut them by 40%.

To activate the reimbursement of the debt,

we have to cut another 40%.

So you're planning an overall cut of approximately 65 to 70%.

This was the initial debt.

Five years ago, this was our national income.

Thanks to the brilliant policy that you guys imposed on us,

it is now 176 billion, that is 26% less.

While the debt has grown by 6%.

Do you think we're here to listen to your criticism, sir?

If you continue, we'll halt this session.

Your previous government committed you to sell 14 airports

belonging to the state.

Our government and parliament will reconsider this.

Our mandate is to inform you, that's all.

The proposal is from a German state company.

They're offering 1.2 billion.

I think it's a fair price.

It is a pittance.

Any other bidders?

It is a very serious German company.

They will take out a loan from your Greek banks,

a loan which you, Minister,

representing the Greek state, will guarantee.

You want to buy our airports with our own money?

Can you seriously see us agreeing to this?

If not, somebody else higher up will.

Excuse me.

Go see Pierre.

My editorial in Le Monde had a big impact.

Juncker has a plan to unblock the situation.

I'll keep you updated.

Good morning!

Read this.

- Coffee? - Yes, please.

The big boss.

Where do I sign?

Are you serious?

Absolutely.

The meeting will go very well.

Did the President accept this?

It's been read and reread.

By Mario and Christine?

I just discussed it over lunch

with Juncker, Mario, Christine

and Jeroen.

And Wolfgang?

Not Wolfgang, but when he sees

that we all agree, he'll give in.

Will the President agree to this without Wolfgang's consent?

Trust me.

Just one thing.

Intervene as little as possible.

I'm happy to say nothing.

You have to say that you support this communiqu�.

Let's go see the President.

Please come in.

Read and tell me what you think.

Even the word "adjusted" has disappeared.

You promoted a communiqu� which

my Prime Minister and I were ready to accept.

Now, you are a commissioner of the European Union.

Can you please tell me which is the right version?

Would it be possible to combine some lines of your version with this one?

No. Everything that could have been taken from your version has been.

So you're telling me that you're willing to accept this text,

which is the exact contradiction of yours?

Whatever the President says.

Cross out what you don't like.

You are wasting our time!

You're sabotaging the meetings

with arrogant and unobtainable demands. Empty bluster!

We are in Europe here!

Your position does not authorize you to raise your voice!

Nor to ignore my proposals.

You are violating your duty as President

which is to listen to every member of the Eurogroup.

If you persist, I will make your behavior public.

I apologize.

The tension is too high these days.

Yeah, it can happen to all of us.

The meeting was meant to have started 15 minutes ago.

Any further delay will breed toxic rumors.

The Eurogroup meeting did not achieve any concrete agreement.

Others followed, long and repetitive...

with Byzantine discussions

that the President favored...

and press conferences

to convince the rest of the world that the Eurogroup was working hard

to "save" Greece...

They just came up with a bunch of fantastical proposals.

Led by an arrogant leftist, an incompetent negotiator.

All my efforts to deny or to correct that image

had been diverted against us and against our propositions.

Another insulting article.

Nothing about what we're proposing.

Meeting will resume.

If you've come to taunt us, we're in for a rough ride.

Meeting is over.

We'll see each other tomorrow, same time, same place.

Wolfgang wants to send the Troika to Paris.

The Troika never went to Paris.

They continued to attack us and denigrate us in the media.

And the label of leftist made all their lies credible.

Minister,

you refuse the MoU because you're incapable of implementing it.

No.

This MoU that even Spiegel Magazine describes as a...

"catalogue of cruelties"

contains promises that are impossible to be kept.

It has produced a human tragedy and an economic catastrophe.

I spoke to Angela, who spoke to the President.

Go to the meeting. Stay calm and firm.

Find common ground.

Make or break.

Many people are rooting against you.

They just want to humiliate us.

Stay true to our three-page plan.

Five-page.

Minister, I asked you for a list of reforms summed up in three pages.

You came up with five.

Mr. President,

my technical proposals aside,

I would like to remind this assembly

that 600,000 people have not been paid for six months

and that hundreds of thousands of young people are leaving the country.

We're here to listen to your proposals, not your lamentations.

These five pages are to remind you that we are still insolvent.

It is impossible to implement reforms

while austerity continues.

And while the debt is not restructured.

You want our poor people to pay for your rich pensions?

The Minister's list is comprehensive enough

to serve as the basis for an agreement.

I suggest we leave his debt proposals

for another time.

The Greek minister is trapping us with empty proposals.

This debt must be paid!

A debt is a debt is a debt!

Ten minutes!

Wolfgang and Angela are at war. Either the President falls...

or we do.

The German left the room.

Is he leaving too?

Thank you.

I know. I understand your opposition,

but I think

that an intermediate agreement

would end this current stalemate.

I appreciate your gesture but...

By the way, I'm not your enemy.

But I cannot accept any change to the MoU.

We need to remain committed to the MoU, which is the only legitimate basis

on which we can responsibly deal with each other in the future.

So, shall we resume?

I think we should approve this list.

I agree with Christine.

Me too.

I disagree.

- You have your majority. - I think so.

I expect the signed agreement

with your list of reforms in three days, not in five, okay?

As to the number of pages, no limit.

That will be all for today.

We have a new agenda and our banks stay open.

In the spirit of constructive ambiguity.

Athens Airport

The Troika, the institutions...

We are highly dissatisfied with our new setup.

You've got an entire floor, at the Hilton.

This will be dealt with by our superiors.

For now, we've come to request files of the ports and the naval shipyards,

to put them up for sale.

You are mere civil servants.

You've come to demand files from the Minister?

That is what we've always done.

From now on, you'll have to place your requests to our civil servants.

This is an ideological decision. My superiors won't understand that.

I will explain to your superiors.

Out.

And what if I have questions for you?

You'll have to put them to my civil servants,

and I will give my answers to your superiors.

I understand.

Brussels says we disrespect its institutions.

You mean the Troika!

They have a floor at the Hilton.

They won't invade our ministries anymore.

It's in the intermediate agreement.

Christine fears for their safety.

100 police officers ensure their security 24/7.

Your agreement of relative ambiguity...

Constructive ambiguity.

Half of our representatives won't vote for it.

Half of ours plus the opposition and it'll pass.

Not if we don't rehire the fired,

restore salaries and pensions and stop privatizations.

It's an intermediate agreement. It's a first step

towards what we all want.

Start by refusing the debt.

Refusing it is in no way political...

From the President of the Eurogroup.

"Your list of demands for the intermediate agreement"

"must be compatible with MoU for renegotiation."

Wolfgang is back in command.

Parliament will not vote for anything MoU-related.

Go to Parliament and explain it.

I could sign the agreement

and bypass Parliament.

Ten years in jail.

Can I sign it?

You can't.

Only the Minister signs for Eurogroup.

I'll deal with it.

Sir.

The President of the Council of State.

Sir, what is your verdict?

Mr. Prime Minister...

Letters from the Minister to creditors

asking to make a deal...

must be endorsed by Parliament.

Your judicial council told me

it concerns the extension of an agreement.

But a letter like this, as you know,

will create a precedent.

We need a decree

giving the Minister the right...

to sign.

So prepare the decree.

Wolfgang took control again. You must call Angela.

They're like kids waiting for Santa Claus.

He took a taxi at the airport.

He wants to be incognito.

Why all this mystery?

Angela doesn't want his presence here known.

I really don't know.

The Prime Minister didn't give a hint.

He said to listen to him before speaking.

Angela is sending someone we can trust.

- Is there any tarama? - Of course.

Someone with solutions.

Calm down.

Hello, good evening, welcome. I am...

Good evening.

I'm happy to be here, although I don't know why I'm here.

The person who sent you must have explained.

I have no idea who sent me.

- Please, have a seat. - Thank you.

I just found a note at my office

instructing me to board the first plane to Athens.

Are you having something to drink?

Not for now, thank you.

Wiez,

your decision to bring back the MoU

is just undoing the progress we've made.

Only the Chancellor who sent you can unlock this process.

I didn't know Angela knew I was coming.

Look, the return of the MoU only means one thing:

it means new taxes, new cuts in wages and pensions,

which will lead to reduced consumer spending

and that will cause small businesses and shops

to close, raising unemployment,

and leading to reduced consumer spending furthermore, so...

And tax revenues. It's a vicious circle.

If your policy doesn't change,

we are facing social and political regression for the next 10 years...

Politically it's a complete disaster. What do we tell our people?

Our voters? We were elected to change this, to fight against it.

We've done 4/5 of the way

with you guys.

You have to take one step, you have to give us something.

There's nothing going on. Nothing changes.

That's in the remit of the Troika, as everyone calls them.

Talk to them.

He was playing with us.

Angela had sent him to shut off one by one all possibilities of dialogue.

Gentlemen, dinner is served, please.

That looks delicious.

Thank you.

Your tzatziki

is absolutely delicious, super.

Wiez savored the dishes with evident pleasure

as we explained our arguments and our fears

about lack of liquidity for our banks.

The IMF is no group of bandits. They have to be paid.

Fantastic.

No. With the fingers.

Like that.

Now, as I said before, the IMF has to be paid.

Dig everywhere.

Take the reserves of the pension funds. They own vast sums.

But that's already gone.

The retirement funds, the university funds,

all kind of pensions,

already drained dry by the previous governments.

Operating under the Troika's directives.

Well...

It lasted almost five hours

without Wiez making the slightest concession

to our demands for more democracy in the Eurogroup,

and for more control of the Troika.

Our insistence served no purpose whatsoever.

We need you to understand that...

You don't know what it is to inherit

a gigantic crisis

with no European experience.

Well, you have it now.

Your tenacity has been noted in Brussels.

And your antagonism facing European ministers

who have neither your worldly experience

nor your debating talent.

Is that a problem?

I thought the Eurogroup was a forum for free debate.

Freedom is an essential concept for our democracies.

But freedom has to be superseded by a system of order.

It's a very official trip...

It's about to start.

They want to shut our banks

and she greets him like a king.

What's behind it?

He mustn't fall under Angela's spell.

Alexis isn't easy game.

Angela Merkel, the soft power.

She studies her guest's character to better seduce him.

Nice coat.

She wants to rebrand her country's image.

I don't think so.

Angela has one strategy: divide and conquer.

The meeting between the Prime Minister and the Chancellor lasted six hours.

Six hours!

Let's see the outcome.

We both understood each other.

We have major differences

but her desire for change was clear,

after reading your 27 pages for which she congratulated me.

Are you sure she's sincere?

She gives the least to take the most.

Sincere, I can't say. Pragmatic, yes.

You'll never guess what she told me.

"Replace Yanis"

"and negotiations will go much better."

I told her, "I agree."

"If you replace Wolfgang."

She never brought it up again.

What else did you decide, besides to keep us?

To create another level of discussion, less prone to Eurogroup gridlock.

A brilliant trick to divide us.

You and I will introduce our ideas.

Meanwhile the next Eurogroup meeting is in Riga.

- Your orders? - Stand firm on our decisions.

And on your 27 pages.

The Riga meeting is informal.

Riga

And now, let's go to our correspondent in Riga.

Our reception was held in honor of the Eurogroup and its 19 ministers,

one of whom is noticeably absent:

the controversial Greek Finance minister

often criticized for his great tenacity in negotiating

and his unseemly love of the media.

We were there. Both of us.

This one is smaller than mine.

They put me here for the view.

They separated us.

What is going on?

We're together, go ahead.

I talked to Angela.

Stand your ground. Don't give an inch.

Let us move on the agenda.

Greece.

It's a pity, Yanis, that you've replaced your deputy.

But we'll proceed with what we have.

Are we starting?

As in the past, the Greek government and its ministers

must collaborate with the Troika

at both the technical and political levels.

Political dossiers to the ministers,

technical dossiers to the bureaucrats.

The Troika must recover its full freedom of action.

Before your election, Greece was recovering

and your debt was sustainable.

Now it's no longer sustainable and deficits are rising.

The debt is unsustainable. Billions of it should've be written off.

Your country cannot recover without reducing the debt.

Without the Troika,

no reforms and no liquidity for your banks.

This will lead to closure of your banks

and to an exit from the Eurozone.

And that will not affect the economy of other European countries.

The exit of any one country from the Eurozone

will be a seismic shock to all the others.

There's a contradiction there.

Minister, wait for your turn to speak.

We are ready to help Greece, but Greece does not want help.

Maybe the time has come to talk consequences.

As if we have moved too fast in the wrong direction.

I cannot imagine any solution outside of the agreed MoU.

Our government will do whatever it takes

to remain within the Union and the Eurozone,

sustainably.

Minister,

you must grant the Troika complete freedom.

You must agree not to legislate without the Troika's consent

and forget about an intermediate agreement.

I expect the signed agreement with your list of reforms

in three days, not five, okay?

As to the number of pages, no limit.

That will be all for today. The meeting is over.

Some call the Greek minister a gambler, an amateur, a timewaster.

Is that so?

It was a key discussion emphasizing a sense of urgency around the table.

Their ideological rigidity

derailed negotiations and will cost them dearly.

This is off the record. I'll save it for my book.

The Minister of Finance is unorthodox.

His taste for courting the media terminates the debates.

He's the one that should be kicked out.

We need a Yanixit!

Wait, one moment please!

Are you running away from them? They call you a timewaster, an amateur.

I've never run away from anything.

When the fate of a suffering people is at stake,

we might take some time.

They say you're alone at every turn.

I have the confidence of my Prime Minister

and of the people of my country, which is enough for me.

You skipped the official dinner. Are you fleeing their hostility?

I was at the official dinner yesterday.

This evening I'm dining with my team.

They say you'll be replaced.

I just said I have the confidence of my Prime Minister. Thank you very much.

The Minister refused to respond.

He claimed to have been at the official dinner.

We caught him fleeing away from the other ministers

and away from our questions with irrelevant responses.

He is alone, unable to command respect.

Thank you, Victor.

My character assassination has begun.

If my replacement can help...

We are like a hand-knit sweater.

They pull on one loose thread.

Taking you down will take me down.

We're in this together.

Good job in Riga. Here's the proof.

The Eurogroup President

demands that you be replaced.

Fuck him!

Your fault. You let him address you directly.

I'll tell him you're his sole contact.

- You wrote the President? - I have news.

He called me twice.

Sit.

I received two calls from the Eurogroup president.

He'll speak only to Yorgos.

We won't let them decide,

but we can't keep saying no.

According to Angela,

things are at a stand-off between Yanis and Wolfgang.

And the stand-off

has blocked negotiations.

I'll sacrifice Nicholas

and replace him with Yorgos.

Yorgos is excellent.

Brussels likes him. He'll reach agreements.

Surrender agreements.

Nicholas is an intellectual,

a perfect collaborator...

but he's not right for complex talks.

Efklis backed the choice of Yorgos without once uttering his name.

And despite detesting him both as a politician and as a human being.

You surrendered to the Troika!

No! I'm buying time

to reach the agreement we want.

Some want to vote for the MoU.

- That won't happen. - It will.

Disaster!

Eurogroup, the people, the press, public opinion: all against us!

We need a break.

And you'll oversee everything closely.

As a stooge?

As a man I count on.

Sit down.

140,000 people voted for you.

142,000.

Whatever you say. 142,000.

Why are you laughing?

Resigning is a betrayal of their trust.

No, I'd betray their trust if I stayed.

I can't hear!

Betrayal is staying and not fulfilling my promises.

Always the last word!

Here? Is this your surprise?

Don't like having dinner with friends?

Love it.

The wine, thank God.

Thank you.

Who wants red?

- Me. - Me too.

- Who starts? - I'll pour.

Someone start explaining

the point of this charming...

but conspiratorial meeting.

You got 150,000 votes...

- 142,000. - Bravo!

More than anyone else.

And you'd abandon them with a nice letter?

And blab on TV.

It is a conspiracy!

After your promises for change.

A well-organized conspiracy.

They'll blame you for everything that goes wrong.

They already do.

Guys...

Half of the cabinet,

even more, wants to sign the MoU.

But they were elected

to end austerity, rebuild wages,

reduce unemployment, raise salaries,

nationalize the banks,

tax the wealth of the Church...

You want something?

What do you want?

Speak!

What did you decide?

I have to ask her first.

She doesn't like politics.

- Sorry. - No, come in.

Come, sit down.

This way.

Signing a new austerity program?

Sakis and Yorgos think we'll get a good agreement.

It's a capitulation.

They say we'll get significant debt relief.

The more concessions you make,

the more they will demand.

We were elected to relieve the country of crippling austerity.

Know what it means to reimburse 3.5% surplus over 10 years?

Constant crisis.

Except for oil-producing countries,

a 3.5 surplus is not sustainable over the course of 10 years.

Angela wants to see me.

I need you. I must make important decisions.

I'm going to Brussels. Come ASAP.

Our secret service think you work for Wolfgang

to exit the Euro.

So does Manos.

What about you?

I don't.

See you in Brussels.

Good evening, sir.

Welcome to Brussels.

- What is this? - A Greek fest.

Kim! What are you doing here?

This is what being Greek is all about?

This is the one thing the Germans can't take away.

So, what are you doing in Brussels?

Let's have dinner. I want to talk to you.

Yanis, I have to meet Yorgos. He's with Wiez and Costello.

Are you meeting the Troika without telling me?

Yanis, Yorgos is with Sakis. They asked me to join them urgently.

I was ambushed by the Greeks.

Does the Prime Minister know?

- The Prime Minister? - He can't be disturbed.

I must see him! It's urgent.

Yorgos is meeting the Troika.

With Wiez!

Lay off him.

You bother me for this?

Excuse me.

Yorgos is of no importance anymore.

Referendum-time. Only you know.

A Grexit is out of the question.

Don't change your plans. We'll talk.

I arranged to meet Wolfgang in private,

to be able to talk off the record.

A present from German schoolchildren.

I told them I'd give them to you.

Chocolate, it's good against depression.

Well, you have to take some too because...

I'm about to say...

Our economy is collapsing

due to your persistent blockades.

You lend us money to reimburse the debt that we owe you.

On that loan we pay you an interest.

Now Mario and his ECB are making almost a billion a year,

thanks to Greek debt.

And what could be the solution?

I think you already know. And it's only up to you.

But let me sum it up for you:

far-reaching institutional reforms in an economy revitalized

by a debt restructure.

But there is a solution: sign the MoU or exit the Euro.

Suppose I sign your MoU.

6 to 12 months down the line,

the country will again be facing the same economic abyss.

Your Prime Minister must accept a time-out from the Euro,

temporarily.

Except your Chancellor has excluded this possibility.

Yes, which obliges you to sign the MoU.

I believe your Prime Minister is dreaming of a referendum.

No referendum is planned.

There'll be one in two weeks or three months.

To stay in the Euro or to get out.

But the majority of our people want to stay in the Euro.

Then they should vote "Yes" and sign the MoU.

If you vote "No",

it's Grexit.

Wolfgang, please, do me a favor.

You have been an insider in politics for almost 40 years.

I've only been for about four months.

So if you can just stop telling me what to do

and instead offer me your advice.

If you were me,

would you sign this MoU?

As a patriot...

No.

It's bad for your people.

It will not allow you to recover.

You believe that the Eurozone

is unsustainable as it is,

that political union is necessary.

That's correct.

But, for now,

we have to impose

the rules to save the Euro.

You'll serve as an example to discipline the others.

Your Prime Minister talks to our Chancellor all the time.

There is nothing she can offer him.

His choice is simple: MoU or Grexit.

I feel hooked like a swordfish.

They reel me in, let me go.

They reel me in...

let me go.

This referendum is our freedom.

But a referendum is not enough.

We must prepare for what's coming.

People want you fired.

The right blames you for destroying our economy.

I did it with your agreement.

We'll share a jail cell.

I am their target. The end of the left.

Wiez says you won't last long.

He's wrong.

I want you by my side.

I'm calling for a referendum.

I must inform the cabinet and the Parliament.

You two stay here for the Eurogroup.

Total secrecy until I announce it.

I need all of you.

A referendum. To win or to lose it?

If we win, do we quit the EU?

A Yes-or-No referendum on Eurogroup's ultimatum.

They'll close our banks.

Merkel promised they won't.

NO

YES

NO

YES

The referendum is insane.

Yes, but anyway, what are we going to do after the referendum?

Why a referendum? To win it or to lose it?

The announcement of a referendum

renders the discussions with you null and void.

We'll continue without you.

The referendum is an internal matter.

It does not affect our discussions here.

We want our people to decide

on the debate we're having.

Yes, but how can you make common people decide

such complex economic issues?

Do the people really know their interests?

We are strong believers in our people's capacity

to think and decide on their own.

Our only request for today is for Mario's ECB

to extend liquidity to our banks until the day after the referendum.

After all, this is ECB's duty.

This is out of the question.

ECB decisions are independent of politics.

Mario, could you please answer?

The decision to switch off liquidity

is ours to make at any time.

Which implies the closing of our banks,

and so your political interference in our referendum.

The next meetings will take place without you.

What do the statutes say? Can he exclude us from meetings?

With this referendum, our people will indicate to our Prime Minister

the direction he must take.

Either break off negotiations, which will lead to nothing,

or sign the MoU.

Minister, the Eurogroup has no statutes, no legal existence.

The decisions are made by the President.

So your decisions,

our decisions...

have no legality.

They are arbitrary.

Our decisions are accepted by all the governments of the Union!

We need adults in this room.

Yes?

I'm coming.

Coming.

The banks shut.

Great publicity for the "Yes".

We'll sign the MoU...

Please open our banks!

Let's sign it.

They'll leave us in peace!

If the banks shut due to cash shortage,

there will be riots.

We'll be at the anti-Troika demonstrations.

Us in the streets?

The government does not demonstrate.

Can we apply your withdrawal limit of 60 euros a day?

Yes.

- Can we hold on? - Until the referendum.

Good. Let's go for the 60-euro limit.

Tell me.

- How's Plan B coming along? - Ready to go.

And?

Transitioning to a new currency will be painful.

But I doubt they'll kick us out of the Euro.

Look what we have here.

We just found 16 billion.

Three years ago, the ECB airlifted 16 billion for our ATMs.

They dispatched it to different banks and forgot.

Great find, but useless.

Why useless?

It can keep our banks open.

That's theft. It belongs to the ECB.

Theft...

If my child is starving, I can steal some milk.

A leftist government stealing?

Corrupt, like our predecessors.

We can nationalize it.

For our suffering people.

If we quit the Euro, we can nationalize this money.

We won't quit the euro or become thieves.

Go for the 60 euros a day.

With the announcement of the referendum,

the ECB cut cash-flow to Greek banks, forcing them to close.

This resulted in economic asphyxiation.

I will ask the Greek people to vote "Yes",

because...

their vote will send...

a signal both for Greece

and the Eurozone.

Assholes! They'll make them vote "No"!

If "Yes" wins, it will save the country

from the bankruptcy

the left drove it into.

If "Yes" wins, I quit.

"Yes" means: accept the MoU.

We'll continue the struggle.

We've achieved so much!

"Yes" may offer a solution.

And some people may accept it.

It will end up in the Troika's hands.

The opposite of our goal.

And if "No" wins?

They'll kick us out of the Euro!

With the country behind us, they won't dare.

If they do,

we start a new currency and we fight.

It was a way of reminding the Prime Minister of our promises.

I understood his difficulties, his fears, his distress,

caught like a swordfish. That image haunted me.

The evening of the referendum has arrived.

Everyone expects "Yes to the MoU" to win.

Some people in the government even hope for it.

It would be an alibi for them to stay in power.

In less than an hour,

an earthquake of huge magnitude will hit Europe.

And we'll get trapped

in a prison of debt with no bounds.

Serving the brutal Troika...

Unless we have a "No".

A massive "No".

Whichever side wins, I still need you.

Manos thinks...

I'm blocking any agreement.

If it's "No", they must accept our agreement.

They'll try to make you capitulate, at any cost.

All of them.

A political vision needs time.

Quitting is the death of the visionary

and the vision.

Surely.

The victory of the "Yes" is a conclusion and a solution.

If we quit, the left disappears.

If the left stays, it will implement right-wing politics.

It's better if it disappears.

To be reborn.

Now the results.

Ten,

nine,

eight,

seven,

six,

five,

four,

three,

two,

one...

YES 31% NO 25%

The people are always right. Even when wrong.

YES 35% NO 36%

We passed!

YES 38% NO 47%

Things are moving forward, that's good.

I'm caught like a swordfish.

The Germans will destroy us.

He's a megalomaniac. Only cares about his career.

Austerity will be eradicated

by the growth austerity brings.

Do not resign. You mustn't.

If we resign, we'll be crushed.

Your Prime Minister talks to our Chancellor all the time.

There's nothing she can offer him.

Do we quit the Euro?

A new currency will be painful.

No one wants to leave the Euro!

MoU or Grexit.

Yes.

The Chancellor.

Yes?

It's a trap.

The Chancellor is waiting with all the other Heads of State,

outraged over your referendum and your victory.

Brussels European Council

The Prime Minister signed the MoU.

The Finance Minister resigned.

The Greek Parliament voted the MoU at 73%.

The people were overthrown.

The crisis continues...

The people...

The people survives heroically.

ADULTS IN THE ROOM