The Drachma won't pay their inflated Pensions, anymore than The Euro could afford to. Although it might help if they stopped cheating The Benefit System, and paid their taxes.
I am half waiting with bated breath to see what the outcome of the Referendum will be. The other half of me doesn't really care.
Well they voted NO, which translated means we dont accept more austerity, ie we dont want go be thrashed at will by creditors, if thats ok with you even though you are not arsed and neither arsed that a countey would out votes democraticakky to its electorate rather than think they have a blank cheque to do what they like once voted in....as is the case in the UK...then agan Greece like most civilised countries have proportional representation
The pensions have been halved,their salaries cut by a third, youth unemployment is near 50 per cent, and this is not new, but has fgone on for a few years, the EU meisters want them go cut more and also a 24 per cent vat rate, and other increased taxes, even if they all lived on 100 euros a month for a century the debt wouldnt be paid off
Their requests actually ENSURE Greece cant have any growth whatsoever let alone pay their so called debts.
It is a political game and nothing else. Meanwhile millions of Greeks who have done nothing wrong have to queue up at the banks for two hours to take a maximum if 60 euros of their OWN money out of the bank
Worst case scenario is that many will lose thieir life savings, and people scoff at their marching in the streets.
But it will not come to this, I am positive, as Europe cannot afford this inhumane treatment of another member.