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Sunday, July 5, 2015

The Observer view on Greece’s referendum

The country has been let down by its own leaders and its European partnersGreek citizens face a heavy choice in today’s momentous referendum: they can sign up for more gruelling austerity and hardship at the hands of their creditors or they can risk chaos and outright economic collapse by voting “Oxi”, or “No”. Whichever they choose, the past few painful months have dashed the high-minded dream that building a single European currency could share prosperity and economic stability across a continent so often riven by war.For the harried Greek voters queueing at Athens cash machines last week to draw out their €60 a day allowance, but also for German taxpayers who believe they have already been generous enough to their touchy Aegean cousins, people’s faith in the uniting power of the eurozone project is being severely tested. Continue reading...


READ THE ORIGINAL POST AT www.theguardian.com