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Re:Why was the Zimmerman Telegram so important? by cinquemb on Tuesday January 17, 2017 @11:15AM (#13418710)
>…Once you have debt, you have to repay it…

Or default, wouldn't have been the first sovereign default on debt "obligations"…

>I find it ridiculous.

Be that as it may, kicking the can down the road and doing more of the same is often a great long term solution.

But its ok, they "accepted" larger haircuts than originally proposed:

"On Monday, 13 July, the Syriza-led government of Greece accepted a bailout package that contains larger pension cuts and tax increases than the one rejected by Greek voters in the referendum."

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