Enjoying the novelty
of turbo lag
Join Date: May 2015
I think it's in Greece's interest to relieve themselves of being held to ransom by the troika. Austerity is supposed to be a Eurozone-wide thing, and Greece have been left as the one who gets bullied. They're right to have said no to the bailouts, in my opinion.
I can't argue with those that say Greece could have been more fiscally responsible, but the way the troika and Germany have handled the situation goes to show how little they care about a truly supportive Union and that their interests lie with themselves. They have more or less sacrificed Greece to save themselves from discomfort.
The troika's actions have forced Greece into a corner, and they understandably want out. However, a Grexit would reflect poorly on the efficacy of the euro and the Union (understatement) and so the parties are now scrambling to hash out a deal. Imposing austerity measures isn't the way though; carving Greece to the bone and expecting a long-term result is unrealistic compared to supporting the leftist democratic system that the Greeks were right to vote for when they chose Tsipras.
There's so many sides to this, though. I just try to form my view from politically neutral sources, rather than a lot of our papers and media.