Greek voters are on track to overwhelmingly reject another bailout agreement from Europe that would have contained severe austerity measures, pushing the country to the brink of leaving the Eurozone.
The vote could roil U.S. markets as there is no agreement as of now on how to get Greek banks more money.
With about 70 percent of the vote in, Greece voted 61 percent to 39 percent to reject the bailout.
Earlier this week Greece missed a payment on its International Monetary Fund loan. Banks across the country have been closed and Greeks can only get about 60 euros out of an ATM at a time.
The vote is a victory for Greece's leaders, especially Prime Minister Alexis Tsipras who was elected earlier this year on a pledge to not install more austerity measures for the debt-riddled European nation. If approved, the IMF and Europe would have given Greece more money in exchange for cutbacks to pensions and other measures.
What happens next is hard to pin down, but talks for a new, separate bailout agreement could be in the works.
German Chancellor Angela Merkel will meet tomorrow with French president Francois Hollande on the matter, according to a statement from the French government.
Finance Minister Yanis Varoufakis, who was eagerly pushing a "no" vote, told Greek media it would only take him 24 hours to get a new bailout agreement.
However, he clarified on Twitter that in 24 hours we "could have an agreement … but our toxic media rushed to report that I predicted an agreement within 24 [hours]."
Any deal would be needed to enable the European Central Bank to pump more funds into the Greek banking sector and allow the banks to reopen, according to a report from the Guardian newspaper.
However, Reuters reported that the Bank of Greece asked the European Central Bank for more funds on Sunday.