The problem with the extension for the referendum is that it would cost the ECB Billions of Euros in increased ELA support that would need to be provided (witho

The problem with the extension for the referendum is that it would cost the ECB Billions of Euros in increased ELA support that would need to be provided (without capital controls this week, it's a fair bet that anyone who can get their money out of a greek bank, will get their money out of a greek bank). when you have the ruling party actively campaigning for a No vote, that could be seen as throwing good money after bad, and at the end of the day the other member states will ahve to pick up the tab for any money that is lost if Greece defaults on their debts.