Early exit polls show a clear majority for 'NO' to austerity measures, in short cruelty.
If things go this way, Greece could be out of the EURO soon enough. EURO done and dusted and so is the IMF.
With more than 30% of votes counted, results from the Greek referendum suggest voters have rejected the terms of an international bailout.
Results published by the interior ministry showed about 60% of those whose ballots had been counted voting "No", against some 40% voting "Yes".
Greece's governing Syriza party campaigned for a "No", saying the bailout terms were humiliating.
The "Yes" campaign warned this could see Greece ejected from the eurozone.
Senior European officials had also said that a "No" would be seen as an outright rejection of talks with creditors.
But Greek government officials have insisted that a "No" vote would strengthen their hand and that they could rapidly strike a deal for fresh funding in resumed negotiations.
Greek banks will reopen by Tuesday, they say.
Follow our live updates
"The mandate from the Greek people is for the government to defend its own proposal and its own positions," government spokesperson Gabriel Sakellaridis said as results began to come in on Sunday. "The real negotiations must start from tonight."
Euclid Tsakalotos, Greece's deputy foreign minister, told Star TV that two developments would allow Greece to pursue "a solution that is financially viable".
"Firstly, the government now has a new popular mandate and the second is the latest IMF report which says that the Greek debt is unsustainable."
http://www.bbc.com/news/world-europe-33403665
If things go this way, Greece could be out of the EURO soon enough. EURO done and dusted and so is the IMF.

With more than 30% of votes counted, results from the Greek referendum suggest voters have rejected the terms of an international bailout.
Results published by the interior ministry showed about 60% of those whose ballots had been counted voting "No", against some 40% voting "Yes".
Greece's governing Syriza party campaigned for a "No", saying the bailout terms were humiliating.
The "Yes" campaign warned this could see Greece ejected from the eurozone.
Senior European officials had also said that a "No" would be seen as an outright rejection of talks with creditors.
But Greek government officials have insisted that a "No" vote would strengthen their hand and that they could rapidly strike a deal for fresh funding in resumed negotiations.
Greek banks will reopen by Tuesday, they say.
Follow our live updates
"The mandate from the Greek people is for the government to defend its own proposal and its own positions," government spokesperson Gabriel Sakellaridis said as results began to come in on Sunday. "The real negotiations must start from tonight."
Euclid Tsakalotos, Greece's deputy foreign minister, told Star TV that two developments would allow Greece to pursue "a solution that is financially viable".
"Firstly, the government now has a new popular mandate and the second is the latest IMF report which says that the Greek debt is unsustainable."
http://www.bbc.com/news/world-europe-33403665
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