This whole negotiation is a fraud, a kabuki theater. Greece owes billions it can never even hope to repay. Everyone knows that. The current “crisis is about whether or not to kick the can further down the road, and give Greece more $$ it can never repay, in order to stave off a crisis. In return, Greece will supposedly adopt more stringent austerity measures. As if..
Maybe the EU ought to ‘buy’ Greece and turn it into a giant ‘Classical Culture’/Euro Disney theme park. :)
I keep reading that (or similar), but I wonder whom this return does any good? The new money will soon be as gone as the old money is now, so the folks giving the money get exactly *nothing* in return. JMHO.