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The whole point of leaving the Euro would have been so the government could continue to pay its civil servants and other bills by printing the money. It would a
by mike_hearn 1mo ago
The whole point of leaving the Euro would have been so the government could continue to pay its civil servants and other bills by printing the money. It would also have used printed Drachma to buy Euros and use those to repay its debts.
Reintroducing the Drachma was a "solution" to the political problem of cutting spending by creating hyperinflation, not anything else. So it makes no sense to default and keep using the Euro. The reason for defaulting is because you don't have enough euros....