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In reply to the discussion: Germans warns Greece: no cuts, no aid [View all]DallasNE
(8,019 posts)Is the long-standing issue of corruption in Greece. Because both major parties have been deeply involved in the corruption the Sunday elections may now shift the focus to where this issue finally gets addressed in a serious way. And they should be able to leverage this for concessions on the pace of other changes. Greece is currently in a depression and no amount of austerity can reverse that so Germany needs to get real because Greece needs growth as the path forward and the sooner they come to realize this the better off all will be. One thing that would be helpful right now is for the European Central Bank to implement a quantitative easing program. The "Merkozy" plan has been a failure and Merkel doubling down will only make matters worse.