Official projection shows'no' winning in Greek referendum

Image Galleryi. 1/22 SLIDES © Kostas Tsironis/Bloomberg Greece faced an uncharted future as its interior ministry predicted Sunday that more than 60 percent of voters in a hastily called referendum had rejected creditors' demands for more austerity in exchange for rescue loans. Prime Minister Alexis Tsipras, who was gambling the future of his 5-month-old left-wing government on the vote, insisted that a "no" vote would strengthen his hand to negotiate a better deal with creditors, while a "yes" result would mean capitulating to their harsh demands. The opposition has accused Tsipras of jeopardizing the country's membership in the 19-nation club that uses the euro and said a "yes" vote was about keeping the common currency. With about a quarter of the votes counted Sunday evening, the Interior Ministry issued an official projection that the "no" side would win handily. The vote was held amid banking restrictions imposed last Monday to halt a bank run, with Greeks...