Ditching Euro No Option for Greeks Who Endured History of Drachma Hardship

http://www.bloomberg.com/news/2011-07-17/ditching-euro-no-option-for-greeks-enduring-history-of-hardship.html?cmpid=

“The challenge is to create a healthy and more productive economy,” said Riccardo Barbieri, the London-based chief European economist at Mizuho International Plc, who wrote research reports on Greece in the four years before the nation adopted the euro in 2001. “This is about a country changing its skin. No one can be happy with paying more taxes, having their salary cut, losing their jobs or risking losing their jobs.”