The latest deal to tackle the Eurozone debt crisis has been thrown into doubt – after the Greek Prime Minister announced that the country will hold a referendum on the EU aid package.
The vote is seen as a huge political gamble by the Prime Minister George Papandreou who is facing growing opposition inside his party to resist the debt deal.
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A confidence vote on the measures is expected to be held in parliament on Friday, with the referendum likely to be held early next year.
A weekend poll revealed that nearly 60 percent of Greeks are NOT in favour of the plan – which will lead to spending cuts and higher taxes.
