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Greek Finance Minister votes on referendum, says will resign if Greeks vote 'yes'

Sunday, July 05, 2015 - 01:06

Greeks are voting for an aid-for-reforms package that is too close to call and looks certain to herald even more turbulence whichever way it goes. Rough Cut (no reporter narration).

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ROUGH CUT (NO REPORTER NARRATION) STORY: Greek Finance Minister Yanis Varoufakis voted on Sunday (July 5) in a national referendum that may determine the country's future in Europe's common currency. Greeks are deciding whether to accept or reject the tough terms of an aid offer to stave off financial collapse, in a vote was too close to call and looked certain to herald yet more turbulence whichever way it went. Varoufakis told Germany's Bild newspaper that he will resign if Greeks vote 'yes' for the aid-for-reforms package, reiterating comments he has made before. Asked if he would really resign if the outcome of the referendum was 'yes', he told Bild: "Absolutely." "There will not be a majority for 'yes'," he added. Angry and exhausted after five years of pension cuts, falling living standards and rising taxes, Greeks now face closed banks, rationed ATM withdrawals and the prospect of the country literally running out of cash.

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Greek Finance Minister votes on referendum, says will resign if Greeks vote 'yes'

Sunday, July 05, 2015 - 01:06