[quote=briansd1]
Long term, Greece wants to be part an economic union that includes rich countries of the north. Better than forever staying the poor cousin looking in.[/quote]

I disagree. Greece should default and then exchange the Euros of its citizens for a Greek-backed currency.

Default and currency-control is the path to prosperity (look at Argentina and Iceland) while austerity and being forced to pay back debt accrued by the top 1% is the path to country-wide depression (look at Ireland).