Monday 20 February 2017

There's no silver bullet here - what Greece needs more than anything is time

Peter Casey

Published 09/07/2015 | 02:30

'The solution of the euro for imports and exports and the drachma for domestic liquidity will buy time'
'The solution of the euro for imports and exports and the drachma for domestic liquidity will buy time'

The Greeks, as we all know, invented tragedy. And a lot of people say they're at it again, after the nation voted to refuse the EU bailout rather than bow to the demands that came with it.

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While the likes of Agamemnon, Oedipus, and Medea had no way out of their tragic fates, modern Greeks do.

In general, man jokes about things that depress him, but he usually waits until a certain amount of time has elapsed so that tragedy added to time becomes comedy.

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