by Manolis Spanakis

Sunday, 27 May 2012

The future of Greece

As far as I understand the current situation, these are my predictions about it evolution after the elections of 17 June 2012:

Hypothesis 1. The next stable government is anti-memorandum

  • The negotiations fail and the partners stop funding - exit from euro zone - the zone explodes
  • The negotiations succeed - the dept is abandoned - funding continues with much better conditions

Hypothesis 2. The next government is pro-memorandum

  • The debt continues to increase - the austerity and unemployment increase - violent revolution fails - military or civil government placed by EU