Wednesday, May 5, 2010

How will Greece's tragedy end?

by Matina Stevis

Guardian
May 3, 2010

With its huge austerity programme and bailout, the country could be on the mend in a year … or be pushed out of the eurozone.

After weeks of speculation and negotiations, a deal has been struck between the Greek government, the EU and the IMF. It offers Greece an unprecedented amount of money and asks it to implement an unprecedented austerity and reform programme. The question on everyone's lips is: will Greece make it?

Before reading further, please note that all projections of figures and events are entirely fictional but equally plausible.

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