Sunday, July 5, 2015

Greece votes "no" on referendum

Greek voters overwhelmingly voted "no" on the referendum put before them yesterday on whether to accept creditor conditions which would have invoked harsh austerity measures. The vote leaves the country in uncertainty as to whether it will remain in the Eurozone, and whether hard times are coming in the face of what appears to be insurmountable debt. It is not yet known how the vote will impact financial markets in the rest of the world.

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