Greek options

There is probably not much voter support for returning to the drachma.

The voters would probably rather have the Germans run their finances than their own leaders.

They’ve seen past drachma financial dramas, with interest rates spiking for everyone, not just the govt, rampant inflation, and a collapsing currency as well as high unemployment.

With the euro none of that happened, so it’s not obvious the currency is the problem.

What does seem obvious to them is that their leaders are the problem.

So I expect the austerity measures to pass, as the alternative is 0 deficit spending.

And if discounts are ‘granted’ the politics quickly move towards same for the rest of the euro member nations.