Member of Greek Parliament Defends Defaulting

The Takeaway

Angry protesters gathered in the streets of Athens yesterday, following a vote on austerity measures which the parliament backed with a vote of 155—138. Was any of this avoidable? Is it possible that Greece’s economy was undone by the structure of the Eurozone’s financial rules that demand strict fiscal requirements, but no political unanimity? We speak with  Liana Kanelli, Independent MP of Athens, who argues that–for the future good of her country’s Democracy–Greece should have elected to default this summer.

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