First of all the whole bailout program is a joke. There is no chance greece's gdp is ever going to grow with these recession messures they are proposing. Greece has followed the directions of europe for 5 years now and has suffered a lot (many ppl working for the public sector have lost their jobs, the rest have seen their salaries cut in half or more, pensions have been cut, companies have closed or relocated offshore etc) but the economic situation now than 5 years ago is worse. So the greek people suffer while the economy shrinks, unemployment rises and there is NO longterm solution offered my anyone.
Now the question asked to the greek people is "Do you accept the eurogroup's bailout proposal?" And I would like to believe that anyone who knows anything about the situation greece is in will say NO!
Now quoting Joseph Stiglitz, a nobel winning economist:
"[...] A yes vote would mean depression almost without end.[...]By contrast, a no vote would at least open the possibility that Greece, with its strong democratic tradition, might grasp its destiny in its own hands. Greeks might gain the opportunity to shape a future that, though perhaps not as prosperous as the past, is far more hopeful than the unconscionable torture of the present. I know how I would vote."
Paul Krugman, another nobel winning economist says that:
"Europe is crazy to let Greece implode, but, given this, Greece is doing the right thing."
"I would vote no[...]leaving the euro would be better than continuing the same program that has been in place for the last 5 years[...]"
sources:
http://www.theguardian.com/business/2015/jun/29/joseph-stiglitz-how-i-would-vote-in-the-greek-referendum
http://www.businessinsider.com/krugman-europe-greece-2015-6
http://www.businessinsider.com/paul-krugman-greek-referendum-2015-6
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