Also much of anger on the street has been due to lower living standards (euphemistically referred to "internal devaluation") So a true devaluation via an independent drachma won't go over well either.
Of course, the rich keep their money far away from Greece. It's the masses who will suffer.
Worse, any political instability will cause more problems for their critical tourism industry.
Also much of anger on the street has been due to lower living standards (euphemistically referred to "internal devaluation") So a true devaluation via an independent drachma won't go over well either.
Of course, the rich keep their money far away from Greece. It's the masses who will suffer.
Worse, any political instability will cause more problems for their critical tourism industry.