OREANDA-NEWS. Following the results of the Greek referendum, Prime Minister Taavi Rõivas said that the decision of the Greeks to decline the international assistance programme will make the situation worse and significantly reduces Greece’s chances of emerging from the crisis.

“The reforms in Greece are still inevitable and the decision to reject the international offer of help makes the situation critical,” said Rõivas, and he added that now only bad and worse options remain to solve Greece’s situation. “We expect the Greek government to realise the situation and demonstrate their determination and action in the coming hours,” said Rõivas.

According to Rõivas, rejecting the assistance programme through a questionable referendum will not in any way help Greece to obtain funding from financial institutions and in no way contributes to solving the situation, which is to build a sustainable economy. “The reaction of the financial markets proves that there is a considerable increase in uncertainty on an international level and in terms of the financial and economic future of Greece.”

The President of the European Council, Donald Tusk, has convened a meeting of the heads of states of the euro area, which will take place on Tuesday evening. According to Rõivas, Estonia will take all necessary steps to maintain the stability of the euro area with the other members and institutions of the euro area. “Very intensive work is expected in the coming days by the heads of the euro area and the EU as well as at the level of finance and prime ministers,” added Rõivas.