The weekend’s referendum in Greece resulted in a victory for the “No” vote with approximately 60% of voters opposing the acceptance of the conditions attached to loan bailout offers from creditors. Greek banks remain closed and Greece remains in arrears on its 30 June €1.5 billion payment to the International Monetary Fund. The vote has created additional uncertainty on financial markets and share markets have reacted negatively to the news.

What will happen next…..

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