The news that Prime Minister George Papandreou would be asking his nation to vote on the debt forgiveness and austerity measures negotiated in Brussels last week was deeply unwelcome in most of the world. Markets dropped 5 percent in Europe and nearly 3 percent here. But it is not a disaster, either for Greece or the world. If the Greek government were to impose the plan on an unwilling populace, all that would result is turmoil and uncertainty.
Editorial | Greek referendum
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