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geneusutwerk  ·  4194 days ago  ·  link  ·    ·  parent  ·  post: IMF admits: we failed to realise the damage austerity would do to Greece

Everything you say is true but it has nothing to do with the linked article. This wasn't an article about Greece's place in the EU but about how the IMF viewed austerity in trying to save Greek economy. Also I find it ironic that you are talking about how Greece shouldn't be in the EU when the IMF claims that uncertainties like that pushed the Greek economy further down.

Also, economic data from the article:

    But having agreed that there were exceptional circumstances that warranted the biggest bailout in the Fund's history, officials were taken aback by the much bigger than expected slump in the Greek economy. The country is now in its fifth year of recession and the economy has contracted by 17%. The IMF thought it would contract by just 5.5%.