Greek court rules on referendum

Greek court rules on referendum

Greek court rules on referendum Greece’s Council of State has ruled that the referendum scheduled for Sunday can go ahead declaring that it does not violate Greece’s constitution banning referendums on fiscal policy.

Too close to call, the result is already being questioned by the EU who believe the short notice and unclear question make any result, yes or no, questionable.
A lot is riding on Sunday’s vote.

Many in the EU suggest that a “no” vote means a certain exit for Greece but Prime Minister Alexis Tsipras maintains that a vote either way does not affect the country’s place in the EU warning voters to resist the “sirens of scaremongering.”

French President Francois Hollande disagrees with Tsipras' interpretation.

"The consequences are not the same if it's a Yes or No,"' Hollande said. "If it's the Yes, even if it's on the basis of proposals that have already expired, negotiations can resume and I imagine be quickly concluded. We are in something of an unknown. It's up to the Greeks to respond."

On Sunday Greece will make its feelings known. What happens after that is still very much up in the air.