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A comment on Behind Germany’s refusal to grant Greece debt relief. Parent comment

Re:Behind Germany’s refusal to grant Greece debt relief by vidarh on Saturday July 11, 2015 @08:44PM (#9872127)
The French and German banks were already bailed out. At this point the issue is that the governments that bailed them out don't want to be the ones left with the bill for the bailout they basically dictated.
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Re:Behind Germany’s refusal to grant Greece debt relief by branchless on Saturday July 11, 2015 @11:19PM (#9872471)
surely bailing out Greece when primary exposure is French/German/UK banks is sharing the bailout costs amongst the whole EU in particular poorer countries subsidising richer ones.

I agree part of this bailout has already taken place. The second phase is ensuring life in Greece is so bad that other larger countries don't want to default.

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