In reply to @danielagabor

MMT for Progressives

@mmtlabour · Twitter ·

@DanielaGabor This was inevitable with the adoption of the Euro. Greece can only earn Euros, it can't issue them. It is reliant on exports but has no competitive manufacturing base - so tourism it is. Varoufakis blinked first. He should have dropped the Euro and returned to the Drachma.