The Yes/No vote was “no” by 61%. Greece votes 'no': Now what?.
Though the terms they were voting on weren’t really on the table on Sunday. The Prime Minister thinks this will give him a leg up on future negotiations. Of course if the Germans held a vote on continuing to fund the Greeks, I think they might vote no by a similar margin.
Greek Prime Minister Alexis Tsipras is meeting with leaders of six of the seven parties represented in Greece’s parliament on Monday to share his strategy for negotiations with creditors on a new bailout deal. Tsipras had called for the referendum and urged a “no” vote to strengthen his hand in getting a better deal, but it’s not clear if the creditors will offer new concessions.
The PM asked the Finance Minister to resign – basically saying he was too much of an “in your face” negotiator. As if that’s where the problems came from.
Greek banks are still closed and face insolvency. Eurozone is holding emergency meetings. European Central Bank is trying to figure out what if anything to do to help the Greek banks. And everyone is getting ready for a Grexit – Greeks exit from the Euro, and perhaps from the EU.