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Marc Champion

Greek Referendum Is More Con Than Democracy

Vote comes too late and asks the wrong question.
Ask them what they really really want.

Ask them what they really really want.

Photographer: Aris Messinis/AFP/Getty Images

The Greek parliament has approved a referendum to decide whether to accept the latest bailout terms offered by the country’s creditors. It will come too late and ask the wrong question.

This is a vote that Prime Minister Alexis Tsipras should have called at least a month ago -- if it were an honest effort to let the Greek people make a democratic choice on where their future lies, which it is not. As it is, the July 5 referendum will be so rushed as to be flawed in principle, and will come after the current bailout program expires. Indeed, it may come after Greece has already suffered a banking collapse.