Greek ‘Yes’ vote favored by polls

Opinion polls suggest close ‘Yes’ outcome in Sunday’s referendum over EU bailout conditions, while officials argue over legitimacy of vote

Photo by: Reuters
Photo by: Reuters

Updated Jul 28, 2015

The Greek public is likely to vote “Yes” to agree to bailout conditions demanded by international lenders, an opinion poll published on Friday has shown. However, 48 hours before the country's future in the eurozone is determined, an argument over the legitimacy of the referendum has been taken to the courts.

The poll conducted by ALCO institute, published in the Ethnos newspaper on Friday, suggests that 44.8 percent of the Greek public support the country’s bailout terms while 43.4 percent are against them and 11.8 percent of the public remain undecided. The results were based on a survey conducted with a sample of one thousand people between June 30 and July 1.  

Sunday’s vote is critical for Greece as it will likely determine whether it is able to access the remaining bailout funds in exchange for tougher austerity measures or suffers a further economic crisis.

After becoming the first developed country to default on International Monetary Fund (IMF) loans, Greece may also be the first country to be leave the eurozone. However, membership of the 19 nation European single currency is officially agreed as fixed and irrevocable once signed.

According to the recent poll, 74 percent of the Greek public want to remain in the eurozone while 15 percent want Greece to return to its old currency, the drachma. Eleven percent are undecided on this question.

Although it is now up to the nation to make a decision, Greek government officials have urged the public to vote “NO” in Sunday’s snap referendum.

"A 'No' vote is a decisive step towards a better agreement that we aim to sign right after Sunday's result," said Greek Prime Minister Alexis Tsipras.

However, Spyridon Nicolaou is one of the two citizens pushing for the referendum to be called, insisting that it “is invalid because it expressly violates the constitution, which stipulates that a referendum cannot take place on economic matters.”

"But it's also invalid because it doesn't incorporate the text of the documents on which the Greek people are called on to decide. Would anyone from Evros [in far northeastern Greece] know the specific documents?" Nicolaou added.

Greece’s highest administrative court decided on Friday to reject appeals against bailout referendum clearing the way for Sunday’s vote.

TRTWorld and agencies