Όχι: Now what?

Live blog on results

Excerpt:

Germany's Deputy Chancellor Sigmar Gabriel, who has spoken to Tagesspiegel newspaper. He said Tsipras and his government were taking Greece down a path of "bitter abandonment and hopelessness." Tsipras has "torn down the last bridges which Europe and Greece could have crossed to find a compromise," Gabriel said. "By saying 'No' to the eurozone's rules...negotiations over billions of euros in bailout programmes are difficult to imagine."

Comment: If these results stand ... should be an interesting week!  WSJ: Greeks Set to Reject Bailout Terms

The Greek Referendum

Greek Debt Crisis: Europe, Athens Race to Sway Greeks in Bailout Referendum

Excerpt:

Greeks now face an intense referendum campaign against the backdrop of an economy going into deep freeze. Over the coming days, the debate about the history-making consequences of voting “yes” or “no” is likely to polarize their crisis-bruised society. In the balance are the future of the nation and Europe’s 16-year experiment with a common currency.

Comment: The choice is less real money (austerity with the Euro) or an abundance of fake money (the Greek drachma). Image capture from The Financial Times