this post was submitted on 17 Oct 2023
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It looks like remittances flowing home from workers living abroad make up a pretty substantial chunk of the Spanish economy at this point so losing free migration would hurt a lot in the short/medium run. And look at how Brexit has gone. Leaving would be a very politically risky project unless things get substantially worse somehow.
It is very politically risky, but for Greece at least, the people are going to suffer more and more while under Europe's austerity measures. I think it's better to trade a probably bad situation for one that is certain and has been like that for a lot of years.
Also, it doesn't necessarily have to be Grexit. It can start by demanding from the Eurozone to end all austerity measures without any conditions. If they refuse, it's the same result, if they accept then we'll get to finally improve as a country and maybe even benefit the rest of Europe in the long term.