Last act of a Greek tragedy?

On the ground, just what is happening in Greece? And what does the future hold? In this major report from Athens, Markets Editor Ian Guider outlines the potential fallout from today’s referendum - for Greece, for the euro and for Ireland

5th July, 2015
10
Protesters take part in a demonstration in front of the Greek parliament in Athens last weekPicture: Angelos Tzortzinis/Getty

So what are the Greeks voting on today?

The country is holding its first referendum in decades on whether to approve the agreement its creditors demanded it must accept last weekend - the same terms that led prime minister Alexis Tsipras to pull out of negotiations on extending the indebted country’s bailout programme and intensifying the current crisis.

Voters are being asked to vote Yes or No on the following question: “Should the...

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