It's past 2 a.m. in Greece

And a hard working G-Pap has emerged with the following:

• GREEKS TO VOTE ON EURO MEMBERSHIP IN REFERENDUM: PAPANDREOU - BBG
• GREEK PM SAYS PARTNERS WILL RESPECT AND SUPPORT GREECE'S EFFORTS -RTRS

While, Netherlands Will Try to Get Greek Referendum Canceled, PM Says

Does everyone realize what G-Pap is trying to do? He IS for the bailout, however with the strikes and civil disorder in Greece, he has basically said, "You know so much, then you make the decision".

If the question is framed, "Do you want this bailout?" the answer will be no

If the question is, "If we scuttle this bailout, we will be kicked out of the EU, is that what you want?"

Then the answer will be yes.

However, the G-20 set a deadline for the EU to resolve this crisis by this week's meeting and beng the vote isn't until January and depending on whether the Troika issues the next tranche, Greece could already be in default by then.

Like I said yesterday, I'd love to be a fly on the wall at the G-20 summit, it is surely going to provide more fireworks then the first Finance ministers meeting last Sunday.