“No” votes edge ahead in counting of Greek bailout vote

The majority of Greeks appeared to have voted against the European Union’s terms for a bailout on their massive debt as vote-counting proceeded Sunday night in the crucial referendum. Prime Minister PM Alexis Tsipras had urged voters to cast a no ballot to Europe although he knows most Greeks don’t want to quit the EU, but only more advantageous terms. Tsipras is expected now to go to Brussels and seek a one-third write-off on the Greek debt and spin out repayments over a long period. German Chancellor Angela Merkel and French President Francois Hollande are to meet in Paris after the Greek vote.

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