Re:Real time Greek referendum results
by stevewepay on Sunday July 05, 2015 @03:48PM
(#9834709)
The EU has already said that the referendum is about staying or leaving the EU.
Leaving the euro would be the best thing for the country. You can't rehabilitate your economy if you don't have control over your own currency (dropping the exchange rate, encouraging and influx of foreign money, etc). Look at Iceland, only a few years after their banking crisis, they are thriving. ]
Greece could leave the euro and continue with debt or default on debt and keep the euro.
Leaving the euro would be nuts and bad for the country. Defaulting on the debt is probably necessary.