Greek court to rule whether bailout vote is unconstitutional

The Greek court will hear the appeal Friday.
(Image credit: Matt Cardy/Getty Images)

In a gambit to shake up the debt crisis talks last Saturday, Greek Prime Minister Alex Tsipras called for a national vote on July 5 to decide whether Greece should accept the terms of its creditors' bailout deal. The move appears to be backfiring.

The deal in question is off the table. German Chancellor Angela Merkel has stopped negotiations until after the referendum. The polls are neck and neck. And a Greek court might decide that the whole thing is unconstitutional anyway.

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Nico Lauricella

Nico Lauricella was editor-in-chief at TheWeek.com. He was formerly the site's deputy editor and an editor at The Huffington Post.