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We will continue to look at what is happening in Greece in relation to the global economy and banking system.
The results from Sunday’s Greek referendum are in, and they will be a shock to Europe’s political establishment. The Greek government campaigned for a No vote, asking voters to reject proposals that were tabled by the EU and IMF on June 26. The Greek people have decisively endorsed the Greek government’s position, with the No side receiving about 60 percent support. So what happens now? Read more…