Courtesy of Mish.
Greek Voting Closed
Voting in the Greek referendum is now closed.
Four independent polls, not exit polls, show the ‘No’ vote against Troika servitude in a slight lead. The polls are within the margin of error.
That all polls show the same direction increases the likelihood that ‘No’ will win the day. However, there are so many undecided voters, this can go either way.
Knife-Edge Referendum
The Financial Times reports Polls Close in Knife-Edge Greek Referendum
Greeks cast their ballots on Sunday in a controversial referendum called just one week ago that may determine the country’s future as a member of the eurozone.
Four opinion surveys published as the polls closed indicated a narrow lead for the No camp, ranging from 51.5 per cent to 54 per cent. But the margin of error in the surveys — which are not exit polls — was 2-2.5 per cent, leaving the outcome Greece’s first referendum in 40 years hard to call.
Greek banks are fast running out of cash. Yannis Stournaras, the Greek central bank governor, was due to call ECB president Mario Draghi on Sunday evening to plead for more emergency loans. The ECB governing council is scheduled to hold a conference call on Monday afternoon to decide on more support for Greece’s financial system.
Earlier on Sunday, Mr Tsipras fought through a crowd of at least 100 camera crews packed into a school in central Athens to cast his vote. Addressing the scrum of reporters afterwards, Mr Tsipras said his country had the right to determine its own “destiny” in Europe.
“No one can ignore the will of the people to live, to live with determination, to take their destiny into their own hands,” he said, looking relaxed and smiling in an open-necked white shirt with his sleeves rolled up.
Several voters leaving a polling station in central Athens said they were confused by the convoluted, 72-word question, which referred to two technical documents, “the current [bailout] programme” and a “preliminary debt sustainability analysis”….
