Man in Greece looking at newspapers
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Eurozone debt crisis: Markets dive on Greek referendum

European markets have fallen following Monday's announcement of a Greek referendum on the latest aid package to solve its debt crisis.

Eurozone leaders agreed a 50% debt write-off for Greece last week as well as strengthening Europe's bailout fund.

But the announcement of a referendum has cast doubt on whether the deal will be able to go ahead.

Matthew Price reports.

  • 01 Nov 2011