Greece Heads for ‘No’ Vote, Raising Risk of Exit From Euro
From bloomberg.com
Greeks voted against accepting further austerity in exchange for a new bailout, emphatically raising the stakes in the country’s confrontation with creditors. With half of votes counted, 61 percent of Greeks backed Prime Minister Alexis Tsipras by voting “no” to the latest proposals for spending cuts and tax hikes. Some 39 percent voted to appease creditors, according to results from the Interior Ministry in Athens. Syntagma Square in central Athens began filling up on Sunday evening as the results began to flow. As Tsipras’s supporters party outside the Greek Parliament, the country now enters unknown economic and ...
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