The opinion poll by the respected ALCO institute, published in the
Ethnos newspaper on Friday, put the "Yes" camp on 44.8 percent
against 43.4 percent for the No" vote. But the lead was within the
pollster's 3.1 percentage point margin of error, with 11.8 percent
saying they are still undecided.
With banks shuttered all week, cash withdrawals rationed and
commerce seizing up, the vote could decide whether Greece gets
another last-ditch financial rescue in exchange for more harsh
austerity measures or plunges deeper into economic crisis.
It could also determine whether Greece becomes the first country to
crash out of the 19-nation European single currency area, membership
of which is meant to be irrevocable.
The survey found that 74 percent of Greeks want to stay in the euro,
while just 15 percent want to return to a national currency, with 11
percent undecided.
Prime Minister Alexis Tsipras has urged Greeks to reject the
"humiliating" terms offered last week by international creditors in
a deal that is no longer on the table, and accused lenders of
"blackmail" by withholding credit.
As discontent has mounted over long queues for pensions and at cash
machines, Tsipras promised voters that banks would reopen as soon as
the government clinched a fresh loan from its euro zone partners.
Credit ratings agency Fitch said the banks were already effectively
bust and would go to the wall within days unless the European
Central Bank increases emergency liquidity assistance to help them
cope with a wave of withdrawals.
There has been little time for campaigning but Tsipras is due to
address a mass rally of "No" supporters in Athens' central Syntagma
Square outside parliament on Friday evening, while "Yes" campaigners
plan a rally at the old Olympic Stadium.
The "No" campaign has directed much of its venom at Germany, the
euro zone's dominant power and Greece's biggest creditor.
One poster plastered in central Greece shows a picture of German
Finance Minister Wolfgang Schaeuble with the slogan: "For five years
he's been sucking your blood. Tell him NO now."
The Council of State, Greece's highest administrative court, is to
decide on the constitutionality of the referendum at a hearing on
Friday. The Council of Europe, a pan-European democracy and human
rights watchdog, has said the vote does not meet its minimum
standards.
Two Greek citizens are seeking the suspension of the vote as
unconstitutional and illegal, arguing that it was called at too
short notice, that the constitution bars questions relating to
fiscal policy, and that the question is unclear and too complex.
Many Greeks may be unable to cast ballots, either because they are
abroad and have to return to the country to vote, or because they do
not have the money to return to their home constituencies because of
the cash restrictions.
FINANCIAL HOLE
On Thursday, the International Monetary Fund warned that Greece
faces a huge financial hole regardless of the outcome of the
referendum.
Days after Athens defaulted on an IMF loan repayment, the Fund said
Greece needed an extra 50 billion euros over the next three years,
including 36 billion from its European partners, to stay afloat. It
also needed significant debt relief.
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The assessment, in a preliminary draft of the Fund's latest debt
sustainability report, underlined the scale of the problems facing
Athens, whatever the referendum result.
On Sunday it will fall to the Greek people to decide an issue that
their government was unable to settle in months of acrimonious
negotiations with their European partners.
"People have lost it completely. And it's all the fault, 100
percent, of all the politicians. They are to blame for the situation
we are in now," said pensioner Thanos Stamou.
Greece's European partners have made clear they regard the vote as a
choice of whether Greeks want to stay in the euro.
"We are asking them to vote with their eyes open and think hard
about all the consequences of a 'No' vote, which could lead Greece
to leave the euro zone," French Prime Minister Manuel Valls said on
the sidelines of an economic summit in Lyon.
The comment reflected the fear of many in the euro zone that a Greek
exit would change the nature of a 15-year-old currency union
intended to be unbreakable.
If voters back a bailout plan the government has scorned, Tsipras
and Finance Minister Yanis Varoufakis have made clear they would
quit. That would lead to a scramble to either try to put together a
national unity government to negotiate a loan deal or call new
elections by September.
Already, Tsipras' coalition is crumbling as a succession of deputies
from the right-wing Independent Greeks, his junior partners, have
backed the 'Yes' vote.
Varoufakis, who alienated many euro zone colleagues with his
economic lectures and outspoken style, said in a blog post that the
IMF's report vindicated Greece's demands to put debt relief at the
center of the negotiations.
"Puzzlingly, all this fine research by the good people at the IMF
suddenly evaporates when IMF functionaries coalesce with their ECB
and the European Commission colleagues in order to impose upon our
government their chosen policies," he said.
(Additional reporting by James Mackenzie in Athens, Julien Ponthus
and Ingrid Melander in Paris and David Chance in Washington; Writing
by Paul Taylor; Editing by Catherine Evans)
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