January 24, 2016

Grexit choice explored last year but Tsipras was not convinced

Before reaching an agreement with lenders last July, the SYRIZA-led government explored a number of options regarding alternative sources of funding and even actively examined the logistics of printing a new currency.

But no formal plan for leaving the euro was ever drawn up, as Prime Minister Alexis Tsipras, feared the political consequences for himself as well as the wider social upheaval that it would cause. Read more.

eKathimerini

Related,
Either the social security system will change or it will collapse (paywall) - ANA-MPA

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