Monday, 29 June, 2015
FT- Whatever the outcome, the result will most likely be deadlock
FT- Whatever the outcome, the result will most likely be deadlock. According to the – Beyond the cost, though, there is the problem that this poll has no real objective. The bailout proposal was not final and it has already been recalled.Voting on a non-existing proposal is surreal and only serves to highlight that the referendum is really about the standing of Greece in Europe.According to the Greek government, a No vote will pressure the EU, ECB and IMF to compromise. I highly doubt it. Any result will only bind the Greek government.A Yes vote will be a major defeat for Alexis Tsipras, the prime minister. He will have to resign and demand elections or a coalition government.
http://www.ft.com/intl/cms/s/0/823557f4-1da2-11e5-ab0f-6bb9974f25d0.html#axzz3eOLHO8nf
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