Greeks on Sunday decisively rejected a bailout deal proposed by the country's international creditors, which demanded new austerity measures in return for emergency funds. The vote amounted to a stinging rebuke of the austerity measures imposed on Greece since 2010. Greece's Interior Ministry announced Sunday night that it projects more than 61 percent of voters decided against the deal. A win for the "no" camp would constitute a major victory for Greek Prime Minister Alexis Tspiras, who had campaigned heavily against the deal put forward by the European Central Bank, the International Monetary Fund and the European Commission.

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BING NEWS:
  • Greece told to speed up referendum
    INTENSE Franco-German pressure was being applied to Greece last night to hold a snap referendum ... additional austerity measures, which they will face as a condition of the second bailout.
    11/2/2011 - 1:00 pm | View Link
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