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In landslide 61% to 39% vote, Greece says 'no' to bailout deal

In landslide 61% to 39% vote, Greece says 'no' to bailout deal

The resounding rejection of an international bailout deal by voters in Greece raised fears Sunday of the collapse of the country’s banking system, a catastrophic government default, an eventual exit from the euro and potential social unrest. In a surprising 61% to 39% result, Greeks said “no” in a referendum on a rescue package that would have kept their debt-ridden country afloat but subjected it to additional austerity measures. The landslide delivered a sharp rebuke to European Union leaders who had warned that the plebiscite was, in effect, a vote on whether Greece wanted to remain a member of the Eurozone, the group of 19 nations that share the euro currency. The EU...

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