The proposal would be the deepest package of cuts since the EU austerity drive began in Greece in late 2009. It goes well beyond the proposed €8 to 9 billion in cuts initially demanded by the EU in talks with Syriza.
You can read the rest @
http://www.wsws.org/en/articles/2015/07/10/gree-j10.html
Here is a pictorial summary of the new proposal:
So why did they even have the referendum in the first place?
Note well that most Western governments make a habit of betraying We The People. So, how do we go about initiating a "regime change" which benefits us this time?
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