That Greek referendum!

What a bolt from the blue! The Greek referendum promises to be a historic, whatever the outcome.

Open Europe cleverly headline their piece Democracy Is Coming Home. As we know, a recent poll showed that 59% of Greeks think the new package is “negative” or “probably negative” for Greece. But the same poll also found that 72.5% of Greeks want to stay in the eurozone.

So the feckless Greeks will now have to confront a real choice. They won't be able to vote to have their cake and eat it - though of course that's exactly what they want.

It should be a no brainer. The euro isn't going to bring them more money in their pockets any more - it will make them poorer, probably for several decades at least.