Greece Backpedals from Referendum Plan


Caretaker Government in Athens? Greece Backs Away from Referendum Plans – SPIEGEL ONLINE – News – International.

Greek government abandoned the idea after both Germany and France threatened to suspend aid payments.

Still the Greek government must survive a confidence vote tomorrow and the possibilities of a Greek withdrawal from the eurozone are increasing. The situation is fluid.

The yield of Italian bonds increased dangerously today.

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