Greece Votes Down EU Austerity Plan! – Big Fat “NO” to EU

drudge eu no

Greece voted down an European Union plan on Sunday with a resounding “No” vote to more austerity.

They want to keep spending.
The AP reported:

Greece lurched into uncharted territory and an uncertain future in Europe’s common currency Sunday after voters overwhelmingly rejected demands by international creditors for more austerity measures in exchange for a bailout of its bankrupt economy.

Results showed 61 percent voted “no,” compared with 38 percent for “yes,” with 93 percent of the vote counted. The referendum – Greece’s first in more than four decades – came amid severe restrictions on financial transactions in the country, imposed last week to stem a bank run that accelerated after the vote was called.

Thousands of jubilant government supporters celebrated in Syntagma Square in front of Parliament, waving Greek flags and chanting “No, no, no!”

It was a decisive victory for Prime Minister Alexis Tsipras, who had gambled the future of his 5-month-old leftist government – and his country – in an all-or-nothing game of brinkmanship with Greece’s creditors from other European countries that use the euro currency, the International Monetary Fund and the European Central Bank.

Sooper Mexican nailed it…

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