Greeks vote no on bailout, finance minister resigns

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.

ATHENS, Greece  -- Greece has rejected the latest offer for another bailout. Sixty-one percent of the voters rejected the referendum.

The proposal called for more government spending restrictions in exchange for more money.

Greece's prime minister welcomed the outcome and says it will help future negotiations.

Any new talks will be without greece's finance minister. He resigned after he was told some Eurozone finance ministers and Greece's other creditors didn't want him at the meetings.

A Eurozone Summit is being held Tuesday to discuss Greece's future with the Euro and the European Union.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s