http://www.redpepper.org.uk/los-indignados/ Red Pepper Wed, 18 Sep 2013 17:39:37 +0000 hourly 1 http://wordpress.org/?v=3.6.1 http://www.redpepper.org.uk/los-indignados/#comment-18821 Michael Kenny Mon, 29 Aug 2011 17:01:57 +0000 http://www.redpepper.org.uk/?p=4474#comment-18821 I’m a little surprised to hear that there are still people who think that Greece, or any other country, for that matter could leave the eurozone or the EU. A new currency (one cannot “re-introduce” an earlier currency!) introduced by a country as indebted as Greece would be worthless, but it’s debts would continue to be denominated in euros. In other words, it would make matters worse, not better. Equally, the low euro is making holidays outside the eurozone expensive, so Greece is enjoying a tourist boom. Another amusing example of just how totally the Wall St attack on the EU has backfired! Thus, I see the Spanish option of more democracy and a greater social side to the EU as much more realistic.

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