Behind Germany’s refusal to grant Greece debt relief

Re:Behind Germany’s refusal to grant Greece debt relief by anabis on Saturday July 11, 2015 @10:00PM (#9872334)

My opinions is that since Greece chased out the auditors, its Greece that rejected the federation. If you are asking for money, but refuse oversight, why would anyone go along?

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Re:Behind Germany’s refusal to grant Greece debt relief by coldtea on Sunday July 12, 2015 @12:18AM (#9872568)

First, they never chased out anyone.

Second, they have been extremely compliant for 5 years with dire consequences in a failed "recipe" that even the IMF and German economists agree has been punitive and ill designed.

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Re:Behind Germany’s refusal to grant Greece debt relief by anabis on Sunday July 12, 2015 @01:01AM (#9872615)

> First, they never chased out anyone.

It was their campaign promise and they kept it.

http://www.nytimes.com/2015/01/31/business/international/gre...

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Re:Behind Germany’s refusal to grant Greece debt relief by coldtea on Sunday July 12, 2015 @08:24AM (#9873262)

Nope, RTFA. That concerned the previous program which was ending -- and everyone, from most US and EU economists to the IMF had declared ill concived and bad for Greece AND the EU.

What they asked for was a new program -- the one which has been the focus of negotiations for months, and that would entail new auditors and checks.

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