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http://dx.doi.org/10.17176/20170227-144800 https://verfassungsblog.de/greece-voting-for-or-against-europe/ Greece: voting for or against Europe Eleftheriadis, Pavlos ger 2015-07-01 electronic resource text/html ddc:342 Verfassungsblog Verfassungsblog--2366-7044 CC BY-NC-ND 4.0 A ‘no’ result in the Greek referendum next Sunday will set in motion the process of disengagement from the Eurozone. It is true that the EU cannot throw Greece out of the Euro. There is no legal mechanism for ‘Grexit’ as Syriza’s ministers say again and again. But this is irrelevant. The mechanism will work the other way round: the Greek government will beg for Grexit, when it finds out that it absolutely has to recapitalise its banks within a matter of days and discovers that the unilateral creation of a new currency is against EU law.