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comment by Meriadoc
Meriadoc  ·  1817 days ago  ·  link  ·    ·  parent  ·  post: Greece signs up to a painful, humiliating agreement with Europe

This has to be a stopgap of some kind, right? Something to sign to give him and the party time to build up something else, enact that, and... back out of this deal? This is the most unexpected thing possible. In that it literally does not make sense to do unless you have something up your sleeve coming soon. There's no reason for him to agree to this.

mk  ·  1817 days ago  ·  link  ·  

That's the only scenario that makes sense to me. Unless they have some sort of leverage that isn't apparent.

user-inactivated  ·  1817 days ago  ·  link  ·  

It looks as if Germany and France are trying to fix the central issue of a monetary union without political union. They have tied financial changes to legislative ones and are essentially paying Greece to make their laws more favorable to economic success.

Whether or not that is beneficial to the people of Greece is the interesting question. When I read about Greece I hear a lot about cronyism and corruption running rampant as well as contributing to some of the strife going on now. Has anyone been able to find out what legislation will be changed as a result of this deal? I tried to read the legalese but it's all Greek to me.

SNone  ·  1817 days ago  ·  link  ·  

Maybe they need more time to reinstate the Drachme