This week, the European Central Bank agreed to lend European
banks 529bn euros. However, it said it would no longer accept
Greece's bonds as collateral for loans after the country was
downgraded to a default rating. So, have political leaders been
too tough on Greece and should the Greeks have their right to
have their say in a referendum?  One man who is perfectly placed
to answer that question is the man who lost his job after he
floated the idea of a referendum last year - George Papandreou,
the former Greek prime minister. He tells Sir David Frost why he
believes a referendum should have been held:  "The referendum
basically was saying we give the chance to the Greek people to
own this process, the process of change, [to] take on the
responsibility - the responsibility that many of the people in
the elite in Greece ... did not want to take on .... And I
believe we had to put the dilemma directly to the Greek people.
And I was of the opinion that this would have been a positive
vote for Greece remaining in