Greek Election

[DodgyAgent]

They are better off staying in eurozone.

For that they'll have to repay the debts they owe.

Euro is a great success - only 2nd reserve currency in the world.

If Greeks choose to get out of eurozone and have their own currency then they are guaranteed to have very high inflation and in the first year it will be crazy, they'll also have to default on their euro denominated debts, so nobody will lend them money for a very very long time, chances are their assets will arrested, so they might need to get out of EU altogether.

I am afraid that is nonsense Germany faces impossible choice as Greek austerity revolt spreads - Telegraph
The agenda to preserve the Euro and its high and mighty (self) "importance" has prevailed at the expense of economies in the EU ("WE ARE THE SECOND RESERVE CURRENCY IN THE WORLD" ! MY AREN't we important!!) . The rise is happening of extreme parties and Greece will go cap in hand to Russia if it has to.

Pushing the Greeks into a nothing to lose situation will backfire on the rest of the EU

[Platypus]

Some additional insightful analysis here:
Guide to the Eurozone crisis

[DodgyAgent]

Some additional insightful analysis here:
Guide to the Eurozone crisis

The worry is the Mash might well be right

[BlasterBates]

When Tspiras was elected he threw out the "Troika" and gave fiery speeches about how he threw out the Troika and kept his election promise.

Right now what should he do next.....

I know ...lets invite them back

Greece agrees to talk to creditors in EU debt progress | Reuters

[DodgyAgent]

When Tspiras was elected he threw out the "Troika" and gave fiery speeches about how he threw out the Troika and kept his election promise.

Right now what should he do next.....

I know ...lets invite them back

Greece agrees to talk to creditors in EU debt progress | Reuters

Like all socialists who end up having to take responsibility he is beginning to understand the harsh realities of markets and that money does not grow on trees.