Classic case of asking Turkeys to vote for Christmas

[fullyautomatix]

Greece will hold a referendum on a new European Union aid package intended to resolve the country's debt crisis, Prime Minister George Papandreou says.




Last week eurozone leaders agreed on a 100bn-euro loan (£86:$140bn) to Athens and a 50% debt write-off, as part of a deal aimed tackling the euro crisis.
But there have been large-scale protests in Greece against the austerity measures demanded by the EU.
Analysts say a referendum could derail the wider deal on the euro debt crisis.
The Greek rescue package is a key part of the agreement reached in the early hours of Thursday after marathon talks by eurozone leaders.
They said banks holding Greek debt accepted a 50% loss, the eurozone bailout fund will be boosted to about 1tn euros (£880bn; $1.4tn) and banks will have to raise more capital.




BBC News - Greece debt crisis: Referendum promised on EU deal

[centurian]

If I was a Greek voter, I'd be saying "tulip it - just get it out of the way and default tomorrow".

The outcome probably won't be any better (correction - almost certainly won't), but a short sharp shock is better than this "death from a thousand cuts".

Of course, if I was a greek pensioner or public sector worker - who in the case of a default, face a real possibility of simply not being paid at all, that might nudge me in the Yes direction.

[Lockhouse]

At least they get a say....

[TimberWolf]

How's about the USA, UK and rest of Europe get together and all agree to go bankrupt over night. No more debts and start from scratch. But keep the nuclear missiles.

[DodgyAgent]

But keep the nuclear missiles.

I think the Chinese bailiffs would not allow that.