It will be a never-ending battle for the nation of Greece as the voters rejected the bailout offer. The European nation has once again marked history. The voters could not accept the bailout offer and according to bbc.com, "Greece's governing Syriza party had campaigned for a "No", saying the bailout terms were humiliating."
The final outcome did not come as a surprise. The result of the referendum, published by the Greek interior ministry, resulted into a 61.3% "No", against 38.7% who voted "Yes" as reported by bbc.com.
The negative response by the voters caused a downfall in the Asian market based on a report given by telegraph.co.uk , "Asian stocks mostly fell on Monday after Greek voters rejected more austerity demands from creditors, fuelling fears the country will crash out of the Eurozone, but the euro recovered from initial losses as dealers wait for European leaders' next move."
The decision of the voters could also result into Greece being ejected from the Eurozone. Despite the call to support the bail-out, the strategy did not work. A statement issued by the Greek Prime Minister Alexis Tsipras said late on Sunday that Greeks had voted for a "Europe of solidarity and democracy" as reported by bbc.com.
A line has been drawn. A decision has been made. Now it is difficult to ascertain the future outcomes since according to a report by bbc.com, "Germany's Deputy Chancellor, Sigmar Gabriel, said renewed negotiations with Greece were difficult to imagine."
Problems lie in wait as the Greek banks continues to face the challenge of overcoming the financial drought. To go back to the negotiating table would be a leap of faith for the nation as bbc.com reported, "Greece's Finance Minister, Yanis Varoufakis, calling the eurozone's strategy "terrorism" - it will be hard to get back around the negotiating table.
Greece will once again hope for the best as more talks are scheduled to address the problem and heal the economically exhausted nation.
