- This will be a good thing for GreeceVote A
- This will be a bad thing for GreeceVote B
Most Helpful Guy
I think they were pushed too far.
They've been through 2 bailouts now and 5 years of austerity and their economy continues to worsen. Their situation is the result of structural flaws in the eurozone (e. g. no monetary union) and politics interfering with economic realities (e. g. the German government have to be seen to be tough on those "lazy" Greeks). Since the crisis first started, the EU and IMF have been kicking this can down the road while the Greek people suffered. They were always going to need a reduction in the debt somehow and constant austerity just made things worse. The troika ignored both of these facts. They were basically trying to revive the Greek economy by kicking it while it was on the ground.
That said, Greece is hardly blameless. They apparently lied to get into the euro zone and had a poor economy with corruption and tax collection issues for years apparently.
Wrt your poll, I didn't answer as I honestly have no idea how this will end up. The next few years will be rough for Greeks whatever happens.4
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