Here's'
an idea:
The
powers that be in the Eurozone ( Germany and to a degree France) should say now
that the Greek people have spoken, they will (1) grant Greece a reasonable
degree of debt relief, both interest rescheduling and principal write
downs, and (2) provide assistance for a transition period to keep the Greek
economy going, thereby avoiding catastrophe and relieving the immediate
humanitarian threat to the Greek people.
They
would do all of this on the single condition that Greece exits the Euro in a
responsible and orderly manner.
Greece
then would stay in the EU, but start afresh with the Drachma rather than
the Euro as its currency. While it won't be easy, at least they'll be on
their own and have no one else to blame. They need not make any of the reforms
demanded by their creditors.
The
Eurozone will be all the stronger without Greece.
The
EU won't change.
Simple
.
