"As a result of the referendum, the bailout conditions were rejected by a majority of over 61% to 39% approving, with the "No" vote winning in all of Greece's regions."[0]
"Further, the European Commission signaled that the referendum question, to which they would recommend a "Yes", from its viewpoint should be understood as whether or not Greece wanted to remain part of Europe and the Eurozone, which at the present state included acceptance of receiving conditional bailout help on a set of mutually negotiated and agreed terms."[0]
I think it would be more accurate to say that the political and economic leadership operating within greece didn't have an appetite for it.
[0] https://en.wikipedia.org/wiki/Greek_bailout_referendum,_2015
Or default, wouldn't have been the first sovereign default on debt "obligations"…
>I find it ridiculous.
Be that as it may, kicking the can down the road and doing more of the same is often a great long term solution.
But its ok, they "accepted" larger haircuts than originally proposed:
"On Monday, 13 July, the Syriza-led government of Greece accepted a bailout package that contains larger pension cuts and tax increases than the one rejected by Greek voters in the referendum."
Oh, the Greek only elected the coalition that had the main goal of leaving the EU. Twice. Then voted for leaving in a referendum.
I guess they really wanted to stay.
(To be honest, I don't think leaving would gain them anything either. But it's their call to make, and their choice was very clear.)
(Somewhat analogous to being trapped in a bad job by poverty; you could quit, but if you don't have savings then your immediate cashflow problems are going to cause you suffering unless you have a better option lined up immediately.)