The following declaration is signed by 246 professors at Economics Schools and Universities in Greece. By this declaration, we want to express our great distress about the latest developments in our country. We strongly believe that, at this crucial point, it is of paramount importance to avoid excesses, to show national cohesion, to preserve our position in the Eurozone and the EU, and to regain our credibility in the international community. Further, the fiscal consolidation program, drawn jointly with our EU partners and other creditors like the IMF, should be characterized by the lowest possible recessionary consequences and the highest possible level of social protection, aiming at growth and job creation in the private sector as soon as possible. The prolonged political uncertainty has led the economy to a renewed recession, has reversed the decline in unemployment, has lowered tax revenue and has widened the fiscal gap.
Taking into account that the proposals of our creditors and the Greek government were converging until last Friday, we believe that what is really at stake in the coming Referendum, irrespective of the precise formulation of the question, is whether Greece will remain, or not, in the Eurozone and, possibly, whether it will remain in the EU itself. . . .
Leaving the Eurozone, especially with this chaotic and superficial way, would likely lead to a process of leaving the EU too, with unpredictable and disastrous consequences for the national security and the democratic stability of our country. For all these reasons, Greece must remain in the core of the EU, which is the Eurozone.
For all these reasons, our unequivocal answer to the real question of the referendum is: YES. Yes, to Europe.
– – – > Full text of article – here
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For more from us on the Greek Crisis:
* From: Thinking about Economy and Democracy – here.
* From: World Streets on the Greek Crisis – here.
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About the editor:
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Bio: Educated as a development economist, Eric Britton is an American political scientist, teacher and international sustainability activist who has lived and worked in Paris since 1969. Professor of Sustainable Development, Economy and Democracy at the Institut Supérieur de Gestion (Paris), he is also MD of EcoPlan Association, an independent advisory network providing strategic counsel for government and business on policy and decision issues involving complex systems, social-technical change and sustainable development. Founding editor of World Streets: The Politics of Transport - https://worldstreets.wordpress.com . | Britton online: https://goo.gl/9CJXTh