They should have gone five years ago. The three options then are now are the same as now.
1. Creditors write off their debts. 2. Keep lending to them and hope for a miracle 3. Default and leave the Euro.
They opted for number 2. and now they're exactly in the same place as when they started.
They should have gone five years ago.The three options then are now are the same as now.1. Creditors write off their debts.2. Keep lending to them and hope for a miracle3. Default and leave the Euro.They opted for number 2. and now they're exactly in
Varoufakis said Greece should never have been given a bailout in 2010 and Germany should come to terms with the failure of the previous programme.
He charged that 91 percent of the bailout funds had gone to repay mostly northern European banks.
Varoufakis said Greece should never have been given a bailout in 2010 and Germany should come to terms with the failure of the previous programme.He charged that 91 percent of the bailout funds had gone to repay mostly northern European banks.