“The agreement signed by the ‘institutions’ of creditors is unacceptable,” Lafazanis said.
On July 5, the Greek public said "no" to austerity measures in a nationwide referendum on international creditors' proposals.
Greek Prime Minister Alexis Tsipras submitted a new austerity program on the country's debt settlement, that included pension and tax reforms and was supported by the leaders of the Eurozone on Monday.
He said that Western partners, specifically Germany, had treated Greece as a colony, extortionists, and “financial murderers.”
“This agreement practically voids the people’s mandate of their proud ‘No’ that was expressed by the Greek people in the referendum,” Lafazanis said.
Greece owes to its main creditors — the European Central Bank, the International Monetary Fund and some Eurozone nations — some $270 billion of its total $350-billion debt.