With resignations looing, Tsipras team likely to camp tough in favor of NO

Greek finance minister Yanis Varoufakis said that he would resign if people choose Yes to accept the lenders' proposals. Mr. Varoufakis went as far as saying that he would cut off his arm before signing the accord.

Greek Prime Minister is heavily pushing for No describing the proposal as blackmailing ultimatum. He is assuring that a No vote would not necessarily mean an exit from European Monetary Union, instead it would strengthen his government's hands in negotiating better.

Mr. Tsipras has reiterated that his government will respect the outcome of the referendum, however he is not likely to lead if the outcome is yes. He went as far as saying he will not be the puppet Prime Minister.

Latest poll prior to the capital control was showing people in favor of No vote, however as suffering goes up, ATM queues get longer it is very unpredictable which way the tide might turn.

One thing can be said for sure, with resignations looming and existence in question, Syriza party will fight hard to secure a rejection of the proposal.