Greece Debt Referendum Controversial Question

The question which will be put to Greek voters on July 5 will not be as simple as whether they want to stay in the euro or not.

Instead it asks Greeks to approve or reject the specific terms laid out by Greece’s creditors.

“Should the agreement plan submitted by the European Commission, European Central Bank and the International Monetary Fund to the June 25 eurogroup and consisting of two parts, which form their single proposal, be accepted? The first document is titled <<Reforms for the completion of the Current Program and Beyond>> and the second <<Preliminary Debt Sustainability Analysis>>.

“Not approved/NO

“Approved/YES”

The two appendix documents – “Reforms for the completion of the current program and beyond” and “Preliminary debt sustainability analysis” – don’t sound much more easily digestible than the ballot.

There is still a question over when and how voters will be presented with those documents, and whether world-class economists will be on hand at polling stations to explain them.

As well as being a little bit dense, the Greek ballot also controversially puts the “No” option – favored by the Greek government – above the “Yes” option, leading some to accuse it of bias.