The Greek people just elected an "extreme" government because they were unwilling to suffer deprivation to repay an unmanageable debt-load. Your solution appea

The 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.