GReferendum! Given the markets were pricing in a high probability of a deal, expect a reversal of some of the price action from this week, as uncertainty rises again. Equities and peripherals should start off the week offered while Bunds and Treasuries rally. Here is the latest from Thanos Vamvakidis: (1) The parliamentary vote on the referendum will take place after 5pm London time today. 151 (out of 300) votes will be enough to approve the referendum. (2) The referendum will be YES or NO for the creditors’ proposal. Syriza is arguing that the referendum is about the creditors’ proposals and not about the Euro. The opposition parties are arguing that it is about the euro. The government has not clarified what happens after the referendum and what YES or NO suggest. (3) Some experts have argued that the referendum is unconstitutional because it will be on fiscal policy, which is clearly not allowed by the Constitution. However, it seems that the President has not expressed such concerns and has allowed the Referendum to go ahead. (4) The Eurogroup meeting will still take place today. Some press reports suggest that the Eurogroup may withdraw the creditors’ proposal. In this case, it is not clear what the referendum will be about. The Greek government will ask the Eurogroup to extend the current program by a week, after it ends this Tuesday, to allow the ECB to continue funding the Greek banks. (5) The ECB will decide on the ELA tomorrow. Representatives of the Greek government will meet with Draghi today to ask him to keep funding the Greek banks next week. The Greek media show videos and pictures of long queues outside ATMs. Some Greek banks have suspended their internet banking. (6) The Greek government has said that Greece will not repay the IMF loan that matures on Tuesday (€1.