Some Greek officials are now offering to cancel the referendum in exchange for concessions from the EU. Everyone involved must be getting really tired of all this.
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Originally Posted by bobman0330
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The real question is what Greece gets out of a negotiated deal with creditors. The answer is basically that it gets to stay in the euro. Why do they want to stay in the euro? Who knows, it's a suicide pact that's wrecking their country. But they do.
There are Greeks with nothing left to lose who would happily leave the euro and tell their creditors to go **** themselves, but most of the country still has a job or some savings. The uncertainty of what would happen if they leave the euro is scary to them.
Also, I dont think we can blame the euro for all of Greece's problems. If they werent in the euro they would still have rampant tax evasion and a broken budget. They probably would have been eaten by vulture funds by now.