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“NO”

The country has voted: it’s a landslide for NO. No to more austerity, no to the disastrous economic policies of the Troika. It was also made clear that people are sick of the old political system, which bears a lot of responsibility for the situation in which we find ourselves. It is time for a real change. As I was writing this, the chief of the opposition, New Democracy leader Mr. Samaras, announced his resignation.

The European institutions have warned that this would be a step towards a Grexit.

The Greek PM however, has insisted that the NO vote would just be a show of support that would give him greater powers of negotiation and help him achieve a better deal. He has promised to deliver within 48 hours. Godspeed – I don’t think a single Greek, whatever they voted for, does not wish him well.

He is facing a mammoth task. The hard facts are the following:

The banks are shut, and likely to remain so for a while. Panic rumors are going around that there will be a haircut of deposits and that the contents of safe deposit boxes will be confiscated.

Most ATM machines are empty and the rest only give each person €50 instead of the €60 allowed since they have run out of €20 and €10 notes.

The tourist season is in ruins. Most Greeks cannot afford a holiday and there are multiple cancelations from abroad. Hotels will run out of supplies in ten days. Hospitals already lack basic necessities and medicines. Many small businesses will close because they need cash to function on a day to day basis. Their business will be taken over by multinationals who can afford to remain unpaid for a while. A lot of people will be laid off.

50% of children in the Athens region go to school without breakfast. More than 60% of young people are unemployed. Many thousands have committed suicide. A few hundred thousand have been obliged to emigrate.

And the elephant in the room: what will happen to the hundreds of destitute immigrants arriving on our shores every day? Who will feed them? Where will they go?

We hear the Italians are expressing solidarity. The Germans are intransigent: they think it’s time we went. These are the messages we’ve got so far.

It is my sincerest wish both sides will see their way forward to an agreement that will allow Greece to survive, recover and, in the future, thrive. The next few days and weeks are vital. It will be hard, but let’s hope the difficulties can be overcome. The alternative is a leap into the unknown.

For the moment, I feel we are like jellyfish pushed around by the currents.

What next?

Well, tomorrow is D-Day. Or R for Referendum day. Today we are in limbo. I quickly note down a few observations.

The rift in the population between YES and NO has widened, although it is very unclear what each outcome will bring. This is extremely sad as well as very dangerous. The two sides are neck and neck at the moment, with a prevalence of NO.

Talk, which is what Greeks love best, is rife. Every politician, celebrity or otherwise ‘prominent’ Greek seems to be on television, declaring his convictions.

A theory is circulating that there is a strong drachma lobby, and that many people in high places (I heard some names but will not repeat since unverified), stand to make huge amounts of money if it goes through.

There is also fear of result tampering, since there is only one ballot, and people are being warned that they need to put a cross against their choice, not an X or a check, for the ballot to be valid.

Reports, also unverified, are going around that the banks will stay shut for a long time, that there will be food and petrol rationing, that people will get paid in government-issued coupons instead of money. Far-fetched though this scenario might seem, it’s not so improbable given that a change in currency cannot be instantaneous, especially when the coffers are empty.

Some of the things said on national television, by politicians, are so preposterous one has trouble believing one’s ears. No explanations are given by them about what awaits the public. No specific plan for the day after.

Friends from abroad call and email, worried about us.

Tourism has already taken a big hit.

Hospitals report a lack of basic necessities. But even as long as a month ago, an acquaintance went in for a routine operation and was asked to bring her own sheets and food.

And so on.

I firmly believe everyone’s entitled to their opinion, but personally I fail to see how a NO vote will strengthen the government’s bargaining power, how it is possible for them to promise, in so many words, that they will have a deal in 48 hours, and how people are not scared by the potential chaos if this fails.

Between Scylla and Charibdis

Sooner or later, everything refers back to ancient myth.

The Greek people today feel like Odysseus, forced to navigate between Scylla and Charibdis, two monsters guarding the straits of Messina. They were only an arrow’s throw from each other, so sailors found it almost impossible to escape them. We have to vote in a referendum on Sunday.

Vote YES, and we face having to crawl back to our creditors, begging for a deal probably much worse than the one we had before. Greece will struggle along for years, unable to climb out of recession.

Vote NO, and we sail into unknown waters. Will we be forced out of the euro, maybe out of the EU? How will this exit be organized, and by whom? The way ahead is dark, and full of eddies and reefs.

What’s more, almost everything is still unclear.

This is what they’re saying:

The YES vote say they are voting for Europe.

The NO vote say they do not accept anymore to be threatened and blackmailed (by Europe).

The PM, Mr. Tsipras, says that a NO win does not mean Greece will leave Europe or even the euro, just that it will increase his bargaining power.

The President of the European Commission Mr. Junker disagrees, and, only this morning, warned Greece against a NO vote (which must have angered NO voters even more). He said: “If the Greeks vote NO, the Greek position is dramatically weakened.”

Mr. Varoufakis, the Greek Finance minister, said today a new deal was in the offing.

Mr. Junker denies this.

This morning SYRIZA Minister and chief negotiator Mr. Tsakalotos declared on a televised interview that the PM called the referendum because the deal offered “would never have been ratified by Parliament and would have brought down the government.”

As we speak, there are two demonstrations starting in Athens, one for YES and one for NO. People in their thousands are standing around, waving flags. Whatever happens, Mr. Tsipras cannot be proud that he’s managed to divide the Greek people. He cannot be proud of the scenes playing over and over on the television, of elderly people standing in line for hours, jostling and pushing, and in some cases in tears. Odysseus managed in the end to escape both Scylla and Charibdis and survive. Let’s hope we can do the same.

Regarding the referendum he has declared for Sunday, late last night Greek PM Alexis Tsipras gave an interview on national television. He said the process of democracy should not be impeded and that Greeks had a right to vote on their future (Yes, we do.) Then he explained that a NO vote would give him greater bargaining powers and that our interlocutors had no choice but to find a solution because Greece, due to its history, geopolitical importance etc., could not possibly be kicked out of Europe.

He’s still expecting someone else to blink, then.

Not so sure….

Today, Mr. Tsipras left for Brussels with a new proposal, which seems already to have been rejected without discussion. The Germans have refused to discuss anything before the results of the referendum. However, by midnight, Greece will probably have been declared bankrupt. Everything’s on the boil.

One must realize that, historically, this is the first time since the war that a European country will be officially bankrupt. The elderly have been queuing all day outside closed banks trying to withdraw their pensions from ATM machines. Unbelievable scenes for our century.

It is by now obvious that the economic program foisted on Greece by the ‘troika’ (the European Commission, European Central Bank, and the IMF) has been abysmally disastrous. Of course, they have consistently refused to acknowledge this, or learn from their mistakes. Whatever the faults of the Greeks and their governments, surely they do not deserve this. Let him who casts the first stone, etc… Even the Germans were not left to rot after the war, and we haven’t exactly been going around killing people.

In spite of all this, people in their thousands have flooded into Syntagma Square in front of the House of Parliament, demonstrating for Europe. And the Euro. Whatever their political affiliation, these people are planning to vote YES on Sunday.

As you can see in the photograph, the sky is dark. As we speak, rain is pouring down. A sign from Zeus? But what does it all mean? Even the Oracle of Delphi, obscure at the best of times, could not make a prediction about what will happen now.