After Greeks backed Premier Alexis Tsipras’ call to reject austerity demands from international lenders, they awoke to find many ATMs empty, banks closed and could only hope the gamble would pay off and that the country would get better terms and not collapse.
Greek Finance Minister Yanis Varoufakis has quit, saying he was told after Greece’s decisive referendum his EU peers won’t work with him.
European Council President Donald Tusk has called a Eurozone summit for July 7 to discuss the Greek debt crisis.
Greece’s Prime Minister says the “no” result in the bailout referendum shows that “democracy won’t be blackmailed.”
New Democracy Conservative leader Antonis Samaras has given up after failing to convince Greeks to support more austerity measures.
After Greeks rejected austerity, Poland’s Prime Minister said the country has no choice but to leave the Eurozone.
Greece’s Finance Minister says the country’s citizens have said “no more” to austerity as returns showed the rejected creditor demands.
Greek voters rejected creditors’ demands for more austerity in return for loans July 5, backing Prime Minister Alexis Tsipras.
Beyond any expectation and possibly beyond every logic, the sovereign Greek people declared Prime Minister Alex Tsipras as the only winner in the July 5 referendum.
Weary of austerity measures that came with 240 billion euros in two bailouts to prop up an economy failing under the weight of wild overspending, Greeks in a July 5 referendum voted to reject proposals from international lenders for more of the same, the first unofficial opinion polls showed.