“The false euro-drachma dilemma has been exposed as a favor by European Union officials on behalf of friends in need who asked for help,” said Tsipras in reference to a report by Reuters earlier this week that ex-Prime Minister Lucas Papademos had asked European Commission President Jose Manuel Barroso to make a strong statement regarding the possibility of Greece exiting the euro. Papademos denies he had anything to do with Barroso’s suggestion that any country who did not follow the rules could leave the single currency.
Tsipras said that this confirmed the collapse of the country’s political establishment, which he accused of corruption and inefficiency. Tsipras promised that a SYRIZA-led government would reduce the size of the cabinet, the number of consultants employed by the government and the “golden boys” hired to manage public enterprises and organizations.
However, most focus will fall on what Tsipras termed SYRIZA’s “national reconstruction plan” and the economic policies that entails.
“Immediately after cancelling the memorandum, the government will repudiate the odious terms and will ask for the renegotiation of the loan agreement,” he said.
“We will push for a new restructuring with the aim of reducing our debt or a moratorium and suspension of interest payments until the economy stabilizes and shows sign of recovery,” he said. “The debt servicing must be linked to the Greek economy’s growth rate.”
The article is medium-long but full of quick details: ekathimerini.com | Tsipras sets out SYRIZAs plan for rejecting memorandum.
The Greeks need the Greek equivalent of debt-free United States Notes. My preference is that the euro be such a currency. My monetary reform proposals don't stop there though, and they are only stepping stones to a moneyless society.