The Result of the Greek Referendum - Greek Crisis

BBC News - Greece Live: Reports the following it its 7.25pm post, " The Greek government will have a battle on its hands to persuade the Eurogroup to meet urgently. Reuters reports there are no plans for an emergency meeting of eurozone finance ministers in response to the 'No' vote. "No way. (The ministers) would not know what to discuss."

It is worth remembering that Greece's prime minister called the vote while his negotiators were still trying to eke out a deal in Brussels. "

Lets Get Real:

The Greeks might find that the Referendum was the easy thing to get pass, the German political class and the voters do not want to to get their wallets out to bailout the Greeks, the Greeks have to be thrown out of the Euro, its a murky toilet with no clean water in sight.   The Greek economic system needs a total reform from the role of the State to when people retire.  This will be harsh on the Greek in the short term, but in the long run it will benefit Greece.