Greek to Vote on Eurozone Membership

Greek voters will be casting their votes on whether or not to remain part of the euro zone next Sunday. An exit from the euro could have disastrous results for President Obama, who is hoping to boost the U.S. economy before the November election. The recently agreed upon Spanish bailout terms were good news for the future of Europe and the U.S., but Greece hangs in the balance. In a press conference Friday, Obama stressed the need for Greece to remain on the euro, saying that the people “need to recognize that their hardships will likely be worse if they choose to exit from the euro zone.”