Nope. That’s just what the EU is telling their idiotic voters.
In reality, the EU has begun Operation Trojan Horse...which orders German private lenders to buy Greece’s new public debt.
That means that banks in Europe are deliberately purchasing toxic debt, knowing that the German government will be better able *politically* to bail out German lenders on the sly than to overtly bail out the nation of Greece.
Which just kicks the can down the road a bit...buys Greece a little time at the expense of weakening the entire European financial system further.
Like I said, there goes the Euro.
And Soros cashes in...