Having squarely rejected the terms of new financial aid for their cash-strapped country, Greece wakes up to an uncertain future on Monday.

But on Sunday night, thousands rejoiced at the outcome of a referendum that they said slapped down the architects of a five-year austerity drive that has ravaged the economy of this Southern European nation.

In a result that was more definitive than polls had predicted, 61 percent of voters rejected creditors' demands for Greek tax hikes and pension cuts.