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by kinkdr 3644 days ago
No matter how bad Greece is now, can you say with certainty that it would be better if it wasn't in the EU or Euro?

I personally doubt it. It is still much better than its neighbors.

1 comments

I think EU membership is very good for Greece, euro membership not.
Why? Why stable currency is bad for Greece?
Because they would desperately need to float its value down to regain competitiveness. Now they can only do it by lowering wages through massive unemployment, civil unrest and layoffs in public sector.

This is not limited to Greece, of course.