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Oxi referendum

The OXI referendum was a Greek vote in 2015 where people decided whether to accept or reject international bailout conditions imposed during a financial crisis. The government proposed "NO" to reject austerity measures and economic reforms tied to financial aid, aiming to regain control over their economy. The "YES" side favored accepting the conditions to secure funding and avoid default. Ultimately, the "NO" vote prevailed, leading Greece to negotiations for renegotiating terms, but it also heightened economic uncertainty and political tensions within the country.