4 ms·
>This is no longer a negotiation regarding greek debt, it is a determination of the process for greek exit from the Euro. Which was the only possible solution
by venomsnake 11y ago
>This is no longer a negotiation regarding greek debt, it is a determination of the process for greek exit from the Euro.
Which was the only possible solution for Greece (outside of 50% debt relief which would have been optimal, but politically impossible due to conservative culture). So in a way he delivered.
- evgen 11y agoGiven that Syriza came to power claiming the could both eliminate austerity conditions and keep Greece in the Euro, I have a hard time believing that this is delivering in any way, shape, or form. Greece is now going to have an unpleasant austerity imposed on it by collapse of their banking system and exit from the Euro. In the long-run this is possibly better, but it is going to be very unpleasant for quite a while.
- venomsnake 11y agoHaving permanent depression is always unpleasant. Anyway Euro is not a big deal. Membership in EU is. They have access to Schengen, EU markets and borders.