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Old 15-06-2015, 23:09   #1599
Damien
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Re: Eurozone will collapse...

It's just winding me up now. The Eurozone seem to be demand unrealistically punitive conditions on a deal. A 1% surplus? It's clearly ridiculous. Cut them more slack with their repayments and the debt but insist that they institute real reforms. It's clear Greece won't be able to pay them back any time soon so it's better to try and force them into actions that will stabilise the country until such time repayment looks more promising.

That said I don't think Greece has been serious about addressing the systemic problems in their economy and public sector and in that respect it doesn't really matter if they stay or leave the Eurozone. The problems will remain. They could devalue their currency all they like but no one is going to lend to a country that has defaulted on their debts and shows on desire to avoid such problems in the future.
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