Greek here. You said: > no collapse of Greek industry. In fact, Greece's industries have collapsed during the late 70s, 80s and 90s, when Greece had the Drach

Greek here. You said: > no collapse of Greek industry. In fact, Greece's industries have collapsed during the late 70s, 80s and 90s, when Greece had the Drachma. The reason is economies of scale: local industries cannot compete with global ones.