"The referendum of 5 July will stay in history as a unique moment when a small European nation rose up against debt-bondage.”  Yanis Varoufakis, Finance Minister, Greece.
Sixty percent of Greek voters rejected the financial bailout proposal offered by the European Union (EU) in Sunday’s referendum.  The EU-IMF proposal relied heavily on austerity, which would have taken current financial hardships to nightmarish proportions for the vast majority of Greeks.