Out of the blue, July 5th turned out to be the most important day for Euro zone as well as European Union as Greeks will be voting to whether or not accept creditors' proposal.

The voting may be on proposals, however according to officials and leaders the voting would decide Greece's stay in Euro zone.

Greek Prime Minister Alexi Tsipras tried to push a proposal asking a third bailout of €29.1 billion, which would have covered Greece's need for the next two years. However all negotiations were halted from European side until the result of the referendum is declared.

According to European leaders, they want assurance from Greek people that they want help and wants to stay in European Monetary Union.

Polls are showing that people are with Prime Minister Alexis Tsipras as of now, who is supporting for a No campaign.

According to a poll by proRata Institute, 54% of the Greeks are likely to reject bailout while 33% remain in favor.

However, bank closure has changed many to revise thoughts another poll shows. Before bank closure was announced 57% were voting in favor of No dropped to 46% after.