UK – House of Commons Library – “This briefing provides background to and analysis of developments in the Greek debt crisis, including an overview of the origins of the crisis, a review of latest developments and looks at the what would happen if Greece defaults on its debt – July 6, 2015. The long-running debt crisis took a surprising turn when the Greek Prime Minister announced on 26 June that Greece would hold a referendum on 5 July on whether to accept or reject the last proposal from the creditor institutions. Greek voters decisively backed ‘No’, with 61% of the electorate backing the government’s position. A short summary of what may happen after the vote is provided below. A longer summary of these recent events is provided in the first section of this briefing, followed by information and analysis on the background to the crisis, in particular developments over the past six months…”