Saturday, July 4, 2015

Greece referendum held tomorrow vital for its future – The Economist

Neither analysts nor polls conclude the result of the referendum on Sunday, called only six days ago by the Greek government during lengthy negotiations with its European creditors and the International Monetary Fund.
 

Greece, the European country most affected by the global financial crisis of recent years and a debt that has the brink of bankruptcy, held Sunday morning vital for future referendum, whose outcome is unpredictable.

Neither analysts nor polls conclude the result of the referendum on Sunday, called only six days ago by the Greek government for a long negotiating with its European creditors and the International Monetary Fund (IMF).

Earlier this week, the “No” which calls for the radical leftist government of the Hellenic country was leading to “Yes” clearly.

But as the week wore on and has the effect of “corralito” business, which began last Monday, has been affecting the population, the trend has reversed and the “Yes” has managed to draw in surveys and even exceeding narrowly to “No”.

In the last three polls published last Friday, in just one earned the “No”, but in the other two the “Yes” won by a few tenths or a few points.

On Saturday, militants of the ruling party Syriza and the conservative opposition tried to convince the undecided, according to various polls would be located between 11 and 18 percent.

Ten million Greeks voting are called to the polls Sunday morning to answer a question whose answer will make the negotiations between Greece and its creditors represented by the European Commission, the European Central Bank and the IMF.

In theory, consultation, convened by surprise, seeks to know the opinion of the Greek society on the latest proposal of financial support in exchange for reforms proposed by the “troika” negotiating with Greece a financing plan.

“This referendum is necessary, because we believe that is the only way to push the European Union to do something about the debt problem,” he told Notimex Sofia, a young woman who said they would vote for the “No”

The question of consultation is long and technical. “Should be accepted the draft agreement presented by the European Commission, the European Central Bank and IMF of June 25, 2015 and consists of two parts that make up its unitary proposal? “.

The government of Prime Minister Alexis Tsipras has called on Greeks to vote” No “to EU funding proposal in exchange for reforms and cuts to Greece to exert more pressure.

“It is necessary, because the last (European proposal) was worse even than those of previous years. It is very, very bad, so do not accept it and we obviously need a better deal for our society, “he told Notimex militant Syriza, Yorgos.

The conservative Greeks considered, however, that is a referendum on the permanence or otherwise of Greece in the eurozone and urged people to vote “Yes” option also suggesting numerous leaders or senior European officials.

According to surveys, eight in 10 Greeks do not want to abandon the euro as its currency and return to its old currency, the drachma.

The Greek finance minister and chief negotiator of the country with its international creditors, Yanis Varufakis, said that whatever the outcome, Greece will reach a deal starting next Monday with its European partners on their funding.

However, if the “yes” wins the consultation, Varufakis has acknowledged that the government should resign.

Polling stations opened at 07:00 local time and will close at 19:00 local time, reported the Greek Ministry of Interior, organizer of the query.

The first results They will be announced at 22:00 local time.

mrc

LikeTweet

No comments:

Post a Comment