The Spectator

Let Greece go

Leaving the euro will be scary, but it’s the only chance of making a full recovery

issue 20 June 2015

The campaign to keep Greece in the euro has resulted in five years of groundhog days. The unfortunate country seems to be forever approaching a day of repayments it cannot afford. Ministers and diplomats assemble to thrash out a deal. Meetings collapse in bad temper, and markets sink. Then, at the eleventh hour, a deal is somehow forged.

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