Stubborn talking by politicians from Greece and from the EUROZONE seems to have ended after months of discussions .
Greece is bankrupt, it cannot repay its debts and will leave the EUROZONE ! Its creditors in the EUROZONE will have to write-off total loans of 320 billion Euros which Greece owes them !
The reorganisation which can at last be started in Greece by Prime Minister Tsipras is an unenviable task ! He will need the support of everyone to transform the Greece he inherited from a string of previous Governments !
The creation of a National Coalition of all Political Parties to forestall a Civil War in Greece must be considered ! There are many unpopular decisions which will have to be adopted to restructure and modernise the Economy. Perhaps even changes to the Constitution could be necessary.
Above all, Government costs must be streamlined, Pensions reduced, Taxes must be paid and Law and Order must be maintained ! Tourists will come but only if they can be certain they will be welcome and safe !
Suddenly everything has become urgent ! Countries everywhere will be watching, not only those in the EUROZONE or the EU ! There are many lessons to be learnt from this "GREXIT" !
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