Re:Behind Germany’s refusal to grant Greece debt relief
by giggzy on Monday July 13, 2015 @01:41AM
(#9876613)
There has been no write off of debt.
The bailout was; Greece was lent money it could not have gotten on the open market. Mostly to pay off debts from bank the Eurozone feels too big too fail ( my speculation ).
The bailout was; Greece was lent money it could not have gotten on the open market. Mostly to pay off debts from bank the Eurozone feels too big too fail ( my speculation ).