Greek 'No' a call for viable growth plan

In spite of repeated warnings that a "No" vote would mean a possible exit from the euro and drive its fragile financial system into bankruptcy, Greece chose a resounding "No" to creditors' bailout terms on Sunday.

However, European leaders should not be too stunned by the Greek people's rejection of the rescue package. Instead of interpreting it merely as an irresponsible move to throw the future of the eurozone into doubt, they should read between the lines and see it as a call for a workable plan to get Greece out of the mess it is in.

Such a need should and can be met if those around the negotiating table think big and adopt the broader perspective of the global economy, which still needs to emerge from the long shadow cast by the 2008 global financial crisis.