Econintersect: With more than half the ballots counted more than 61% of the votes are “No” to accepting the austerity measures offered by the Troika Institution in return for continuing a bailout for Greece. Shockwaves are starting around the world.
Click to view full image at Financial Post.
The latest results, with 81% of the votes counted:
That’s it – ‘no’ vote cannot be caught #Greece 61.56 * 0.8154 = 50.19% pic.twitter.com/kQExq4Pobl
— Lorcan Roche Kelly (@LorcanRK) July 5, 2015
The euro and other currencies took a hit vs. the U.S. dollar:
And Zero Hedge summarized that the Troika’s fearmongering campaign backfired:
Sources:
- Greek referendum: ‘Yes’ leader quits as Greeks reject bailout terms – live (Julia Kollewe and Graeme Weardon, The Guardian, 05 July 2015)
- That’s it – ‘no’ vote cannot be caught (Lorcan Roche Kelly, Twitter, 05 July 2015)
- Greece ‘No’ Vote to Spark Haven Rush as Euro Slips With Aussie (Emma O’Brien, Bloomberg Business, 05 July 2015)
- Official Greferendum Results Show “No” Landslide: Singular Logic Projects “Oxi” Victory (Zero Hedge, 05 July 2015)
- What might happen if Greeks vote ‘yes’ — or ‘no’ — on Sunday (Pan Pylas, Associated Press, Financial Post, 03 July 2015)
