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Greeks Vote "NO" on EU Terms

posted by martyb on Monday July 06 2015, @08:57AM   Printer-friendly
from the getting-what-you-asked-for-may-not-be-getting-what-you-want dept.

kaszz writes:

The Greeks voted no to the European Union's terms, despite warnings from the EU that rejecting new austerity terms would set their country on a path out of the Eurozone. 62% voted "No" while 38% voted "Yes".

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  • (Score: 3, Informative) by maxwell demon on Monday July 06 2015, @08:58PM

    by maxwell demon (1608) on Monday July 06 2015, @08:58PM (#205839) Journal

    Is the view in the US that this is about bankers? Most of the money came from EU taxpayers.

    Originally it was the bankers. It's now the tax payers because they loaned Greece the money needed to pay back the banker's loans. Because, you know, it is not acceptable if bankers lose their money, even if they knew that they were making a risky investment (and demanded high interest rates exactly for that reason).

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  • (Score: 2) by moondrake on Tuesday July 07 2015, @07:54AM

    by moondrake (2658) on Tuesday July 07 2015, @07:54AM (#206023)

    good point. Though I do not think the EU gave the money to safe the banks, they provided the money to prevent Greece from defaulting and going bankrupt. Obviously that did not help much though...