Greek woes
He had that very rare gift of being an economist with a practical and sensible mind for real world problems.
In his place at the negotiating table will be Professor Euclid Tsakalotos using his Oxford PPE to try to “square the financial circle”, as has former PPE student David Cameron; the enigma being how can austerity lead to prosperity?
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Hide AdNo amount of changing the label on the bottle from “Greek olive oil” to “debt restructuring” will metamorphose the problems. Watch this space!
Ronald Rankin
Coates House
Dalkeith
The Greeks are to be congratulated on showing the courage to stand up to those who would oppress them with excessive austerity measures. Would that Scotland had shown such bravery last September!
If my memory serves me right, the economic miracle which is Germany only came about because their debt was written off after the Second World War.
Remembering that, you would think the Germans would be more generous. If Greece’s debt were to be cancelled, it is possible we would see another economic miracle – it could be the encouragement they need.
Brian Rattray
Gylemuir Road
Edinburgh