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The Greek financial crisis could have implications for the world economy
user Duncal Hall / http://michrad.io/1LXrdJM

We’ve seen the images of people lined up at ATMs, hoping to withdraw a few euros.

Crowds sang and celebrated after voting against the terms of a bailout by international creditors.

The Greek financial meltdown has grabbed the attention of the world, and a pullout from the European Union could destabilize the world's financial markets.

Steve Carmody / Michigan Radio

A Michigan State University economist says a looming loan default by Greece should not greatly affect Michigan’s economy.

Greece and its European creditors will be discussing a last-minute proposal by Athens for a new two-year rescue deal.

The proposal came just hours before the country's international bailout expires – at which point it will lose access to billions of dollars in European funding.