Saturday, July 4, 2015

Polling Opens in Greece's Bailout Referendum

The polling opens in Greece for a referendum on whether to accept or reject international creditors’ cash-for-reforms proposal.

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Polls opened in Greece on Sunday for a referendum on which Greek public to vote for or against the international creditors' demands for spending cuts and tax hikes in exchange for financial support.
The crucial referendum comes after the country failed to unlock financial assistance from its creditors on Tuesday that made a $1.7-billion loan repayment to the International Monetary Fund (IMF) impossible.
Approximately 10 million Greek citizens aged 18 and over will cast their votes until 7:00 pm local time (16:00 GMT) with results expected from 18:00 GMT.

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