What we do
- Exit the euro zone and return to the national currency, the drachma, initially devalued at a level of 30-40% and issued by the Bank of Greece,
- The new drachma will be loosely linked with a basket of currencies which will contain the euro, the dollar and soft currencies of neighborhood countries that antagonize main Greek industries such as tourism, agricultural production, food industry.
- During an initial period of 16 months, both, the drachma and the euro will be used for international and domestic transactions. This period may be extended in accordance with economic and market conditions and needs.
- Under the provisions of controlled bankruptcy, foreign debts should be restructured, (after proper negotiations and preferably under a bilateral agreement), by expanding the total repayment period, establishing a two years grace period and cuting its total value to 30-40%.

