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Greeks vote “No” on bailout conditions

Greece has rejected the Eurogroup’s bailout conditions in Sunday’s referendum, results show.

With nearly all the votes counted, a decisive majority has voted against harsher austerity measures as a safeguard for Greece’s future in the currency group.

According to the interior ministry, by late Sunday night nearly 62% had voted “no”, as opposed to a 38% “yes”-vote.

The Greek government has announced that this result will reopen the door for talks with its creditors. Prime Minister Alexis Tsipras emphasised that this was not a “mandate against Europe”.

European Finance Ministers will hold an emergency meeting on Monday to discuss the situation, according to one official. German Chancellor Angela Merkel and French President Francois Hollande are also scheduled to discuss the outcome over a working dinner.

With this result Greece’s future in the Eurozone remains uncertain.

Greek banks will reopen by Tuesday, according to Greek government officials.

 

See more on this story:

Greece votes in bailout referendum

Fears of Grexit

Greece offers concessions

Tsipras tells creditors to ‘Get real

 

Elisabeth Brahier

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