Greek voters have decisively rejected the terms of an international bailout. Sunday’s referendum was a slap in the face for the bankers and capitalists of the Eurozone. The final result in the referendum, published by the interior ministry, was 61.3% “No”, against 38.7% who voted “Yes”. Most predicted Yes to have a base in the rural areas but in the end that was shown to be false.

The working class based victory for the "No", with more than 60% is a revolutionary event. The people have given a mandate for revolutionary resistance and against Memorandum agreements. It's time for the nationalization of banks, repudiation of the debt and the overthrow of Memoranda and barbaric capitalism which spawned them.

Last night, Friday 3 July, there was a massive pro “OXI” (no) demonstration in Athens ahead of the referendum on the austerity policies of the institutions, or Troika. The demonstration gathered in Syntagma Square, outside of the Hellenic Parliament.

An open letter appeared in the Guardian newspaper on Sunday 28th June appealing for debt relief for Greece. The letter is addressed to David Cameron, the head of the Tory government. It is signed by, among others: Frances O’Grady (general secretary, TUC); Len McCluskey (general secretary, Unite the Union);recently knighted Sir Paul Kenny (general secretary, GMB); Manuel Cortes (general secretary, TSSA); Paul Mackney (Chair, Greece Solidarity Campaign); Jeremy Corbyn MP; John McDonnell MP; and Caroline Lucas MP.

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