What Is Next For Greece's 'Upper Class'?

Some 71 per cent of Psychiko residents voted 'Yes' in favour of accepting bail-out terms sought by creditors Photo: Kostas Tsironis/Bloomberg

The Telegraph: Greek referendum: fear and trepidation in Athens' Beverly Hills

"It was like being asked if you wanted your arm cut off or your head," explain despondent Greek "Yes" voters.

In the upmarket Athens suburb of Psychiko, residents have found themselves on the losing side of Sunday’s referendum.

A leafy district of multi-million-pound villas, the area is known as the Beverly Hills of the Greek capital. Once the haunt of the Greek royals and aristocrats, Psychiko is now inhabited by doctors, lawyers and other upper-middle class professionals.

Some 71 per cent of the local population voted “Yes” in favour of accepting bail-out terms sought by creditors – the highest rate in the country.

In the end, the "No" campaign won a thumping victory nationwide with more than 61 per cent of the vote.

WNU Editor: It will not surprise me if most of these professionals will have moved out/immigrated within a year or two.