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Perhaps they need a solution inspired by the Brazilian Real. Pay government salaries and pensions in a different currency, called the 'faux' or something. The
by kokey 11y ago
Perhaps they need a solution inspired by the Brazilian Real. Pay government salaries and pensions in a different currency, called the 'faux' or something. The value won't change, but how many Euros you can get for 1 faux would depend on supply/demand.
- Ntrails 11y agoThe Greek people just elected an "extreme" government because they were unwilling to suffer deprivation to repay an unmanageable debt-load. Your solution appears to ask them to do exactly that but structured slightly differently? Reducing pensions and public sector pay can be done by changing the payouts denominated in euros just as easily. I doubt the electorate would fail to notice, and make their views known.