Thousands of Greeks celebrated in the streets of Athens after Sunday's surprise outcome. The markets, mostly trading in the red throughout the globe, reflected the expectation of a pro eurozone outcome. The contagion, a slow process fueled by denial, ignorance, and blind trust of central planners to manage the unmanageable (the business cycle), begins today.
Headline: Greek PM plays down 'Grexit' after landslide
The majority of Greek voters have rejected the reform proposals from the country's creditors, in a crucial referendum that could set the path for Greece leaving the euro zone.
After 12 hours of voting on Sunday and with over 80 percent of the votes in, the country's Interior Ministry said 61 percent of the ballots cast had backed the "no" campaign.
But despite fears of a "Grexit," Greek Prime Minister Alexis Tsipras said the result was not a mandate to clash with Europe.
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