Greek finance minister Yanis Varoufakis' defiance smacks of amateurish bluffing (photo: dpa)

Greek problems could foster economic blueprint for eurozone

The Greek financial crisis has been a missed opportunity for eurosceptic parties to put forward new ideas for the European Union. They have achieved nothing since sweeping gains in the 2014 elections. But the Greek crisis could still be used by the EU to formulate a new way of dealing with countries in financial trouble.

<i>Eurosceptic parties, elected in May 2014 to the European Parliament, promised to work towards changing economic policymaking throughout the European Union. Their record over the last year has been disappointing. Greece’s financial troubles offered them plenty of chances to articulate their views and offer solutions, but these opportunities have been missed. ...

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Professor Enrico Colombatto
Many continental eurosceptic commentators realised the Greek episode could be a testing ground for more significant events, like a major EU blueprint for debt restructuring in countries where public finance is no longer sustainable and speaking out would be dangerous
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