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Disclaimer: my parents are Portuguese and I visit Portugal regularly. I understand his feelings, I don't understand his reasoning. I understand his feelings b
by diego_moita 11y ago
Disclaimer: my parents are Portuguese and I visit Portugal regularly.
I understand his feelings, I don't understand his reasoning.
I understand his feelings because there is a lot of unfairness going on: big economies (e.g.: France, Italy) are treated with more leniency and tolerance than small economies (e.g.: Portugal, Spain), simply because they're far more important to EU. It is humiliating and Greece should feel it even worse.
I don't understand his reasoning because for the indebted countries there are only 2 objective choices: it is the EU way or the highway. The EU simply can't accept that Greek voters just decide to quit the treatment but remain in the Eurozone because the voters of Portugal, Spain, Italy and other countries would do just the same. It would have been the end of Eurozone.
Varoufakis and Syriza should have started a Grexit strategy from the early beginning. They didn't, so Germany saw they were bluffing and won the game.
Greece lost because Varoufakis didn't understand what was at stake.