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Downing St: PM to review contingency plans over Greece

David Cameron is to chair a meeting this morning in which he will review contingency plans already in place over Greece's decision to reject terms of an international bailout plan.

Supporters of the Syriza party and No vote campaign react after first results of the referendum. Credit: PA

A Number 10 spokesman said: "The Greek people expressed a decisive view in yesterday's referendum. This is a critical moment in the economic crisis in Greece. We will continue to do whatever is necessary to protect our economic security at this uncertain time.

"We have already got contingency plans in place and later this morning the Prime Minister will chair a further meeting to review those plans in light of yesterday's result."

The Government has also issued travel advice for British tourists, warning banking services, such as credit card purchase and cash withdrawals, could become limited at short notice.

Greek PM calls for 'strong front' to negotiate debts

Greece's Prime Minister has called for 'a strong national front' as the country looks to negotiate a way out of the country's debt crisis.

Greece overwhelmingly rejected tough austerity terms set by international creditors.

Alexis Tsipras. Credit: Reuters

Alexis Tsipras told Greek President Prokopis Pavlopoulos: "We must move forward immediately with negotiations.. a strong national front must be created to seek an immediate solution."

He is asking the president to convene a meeting of political party leaders.

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'No' supporters celebrate in Athens streets

Supporters of the Greek referendum's 'No' campaign have taken to the streets of Athens tonight to celebrate.

Waving Greek flags crowds gathered to celebrate in Syntagma square after the nation voted overwhelmingly "No" in a historic bailout referendum rejecting new austerity terms for fresh financial aid.

'No' supporters celebrate referendum results on a street in central in Athens Credit: REUTERS/Marko Djurica
Greeks voted overwhelmingly 'No' on Sunday in a historic bailout referendum, partial results showed Credit: REUTERS/Marko Djurica
Gr Credit: REUTERS/Jean-Paul Pelissier

Tsipras: Greeks made a brave choice

Greek Prime Minister Alexis Tsipras led the 'No' campaign Credit: REUTERS/Alkis Konstantinidis

Greek Prime Minister Alexis Tsipras has said his country has made a "brave choice" after rejecting creditors bailout terms by voting 'No' in a crunch referendum tonight.

Tsipras who has led the 'No' campaign said the country will now go to the negotiating table with the goal of restoring its banking system and negotiating for "a plan of reforms".

Greece votes 'No' in crucial bailout referendum

Voters in Greece have rejected creditors bailout terms by voting 'No' in a crunch referendum on the country's debt deal.

With more than two thirds of the votes counted the nation has voted to reject the austerity terms demanded by the country's international creditors with more than 60% marking the "no" box on their ballot cards.

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Report: Greek opposition leader steps down

Greece's opposition leader Antonis Samaras stepped down as the country looked set for a referendum 'No' vote win Credit: Debets/ABACA/ PA

Greece's opposition leader Antonis Samaras has stepped down as leader of Greece's conservative New Democracy party.

The former Prime Minister said in a televised statement: "Our party needs a new start. As of today, I'm resigning from the leadership of New Democracy."

Cameron set to assess impact of Greek referendum on UK

Prime Minister David Cameron is set to meet with advisers on Monday to assess the impact on Britain of the Greek referendum vote.

David Cameron will meet with Mark Carney, and other senior officials tomorrow Credit: Steve Parsons/PA

Votes are currently being counted in the country's crucial bailout referendum on whether to accept an austerity package from EU leaders, with early TV opinion polls putting the "No" vote narrowly ahead.

Chancellor George Osborne, who is due to attend the meeting with Cameron, Mark Carney, and other senior officials, has already said Britain would not be "immune" from the fall-out from the vote.

Speaking on the BBC1's Andrew Marr Show he said: "I don't think anyone should be in any doubt - the Greek situation has an impact on the European economy which has an impact on us.

"We cannot be immune from these developments."

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