PASOK deputies are pressing the prime minister George Papandreou to resign. All opposition parties call for elections, New Democracy leader Antonis Samaras has stated he would do everything he could not to allow the European prospects and the future of Greece at risk.

Recent events do not make trade union leaders confident and they believe that a referendum on the European future of Greece is beyond the issues that require an immediate solution.

National Bank of Greece, Eurobank EFG, Alpha Bank and Piraeus Bank will need a major infusion of capital after the macroeconomic crisis of the country has dropped their shares and they lost most of their value last year and a half.

According to Fitch, the referendum announced by the Greek prime minister dramatically raises the stakes for Greece and the eurozone.