Economics

Greeks Cautious as Tsipras Vote Puts Fate of Euro in Their Hands

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Few walked the rain-slick streets of Athens after midnight Saturday when Prime Minister Alexis Tsipras announced his shock decision to let Greeks determine their own financial fate -- and perhaps Europe’s as well.

Among the first to react were the cab drivers. They shouted the news from their taxi windows to fellow cabbies and passersby. There would be a referendum. On July 5, Greece would choose whether to accept the latest demands from their creditors – more pension cuts and tax hikes – or face a possible exit from the euro and the economic unknown.