News Alert: Greeks projected to vote 'no' on European bailout deal

Christopher Furlong via Getty Images

In a resounding rejection of austerity, Greeks on Sunday appeared on the verge of renouncing a bailout deal proposed by the country's international creditors, who demanded new austerity measures in return for emergency funds. According to the Associated Press, the Greek interior ministry projected that the "no" camp will get more than 61 percent of the vote.

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