Greece decisively votes 'no' on eurozone bailout referendum

Greek referendum demonstration
(Image credit: JAVIER SORIANO/AFP/Getty Images)

About 60 percent of Greeks voted "no" on the eurozone bailout referendum Sunday, the Interior Ministry projected. That could lead to the nation being forced out of the eurozone, and a future of prolonged economic uncertainty. If finalized, the vote would support Prime Minister Alexis Tsipras' plea to turn down a deal from eurozone creditors.

The deal from the International Monetary Fund, European Union, and the European Central Bank would have come in exchange for tax increases and economic reform in Greece. The nation missed its Tuesday deadline to make a $1.8 billion loan payment to the IMF. Read more at The New York Times.

The Week

Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

SUBSCRIBE & SAVE
https://cdn.mos.cms.futurecdn.net/flexiimages/jacafc5zvs1692883516.jpg

Sign up for The Week's Free Newsletters

Join more than 350,000 subscribers and keep yourself informed with a selection of The Week’s most interesting, enlightening and entertaining stories - plus daily puzzles.

Join more than 350,000 subscribers and keep yourself informed with a selection of The Week’s most interesting, enlightening and entertaining stories - plus daily puzzles.

Sign up
Explore More
Julie Kliegman

Julie Kliegman is a freelance writer based in New York. Her work has appeared in BuzzFeed, Vox, Mental Floss, Paste, the Tampa Bay Times and PolitiFact. Her cats can do somersaults.