Reports say single currency member nations are preparing back up plans for the consequences of a Greek exit. France's President Hollande wants the strategy to shift to growth - something Germany's reluctant to agree with. Both sides have to search for a compromise ahead of what could be a decisive 2nd Greek election in June.
John Laughland, the Director of Studies in the Institute of Democracy and Cooperation, believes the EU tries to control Greece by giving it no other choise but austerity. Source
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