Good ideas and conversation. No ads, no tracking. Login or Take a Tour!
mk · 3593 days ago · link · · parent · post: Greece's debt crunch: Sorry, no extensions | The Economist
I would love to get some perspective on this sentiment. Greece cannot hope to pay off the debt owed, and they can't hope for growth while under such austerity. It seems to be a choice between short term and long term pain. I do not understand why a 'yes' vote seems likely at this point.Alexis Tsipras, hinted in a TV interview that a referendum could be held over whether Greece should stay in the euro. This would most likely return a “yes” vote, which could give Mr Tsipras an excuse to push out far-left members of his own party who have been blocking reforms.