But what would happen if the new Greek Government were to decide not to make any further repayments, or to leave the Monetary Union? I will not comment on such speculative scenarios. Nor do I believe it to be in the interests of Greece to go down that road.
On the contrary, Greece has a keen interest in remaining a member of the euro and in pushing reforms further forwards. That may hold true for representatives of Greek industry, but many citizens are highly frustrated because the many financial sacrifices have still not bettered their lot.