Texas Proud
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- May 16, 2005
- Messages
- 17,316
Who is acting unreasonably here? Could it be the EU leaders who so far have refused even to discuss debt restructuring, which IMF has deemed necessary to Greek's survival? Not so clear cut that Greek leaders are the bad guys. Looking backwards, Greece probably didn't really qualify for Eurozone inclusion, given the significant cultural/fiscal differences. But, now here we are. Who is going to act like adults? So far, nobody, including the EU leaders.
I think you have not been reading much on the proposals... there have been big time debt restructuring offers.... much later maturities, delayed interest payments, even lower interest rates etc. etc....
What has not been proposed is debt relief... that seems to be what Greece is looking to get and if they do not they will not agree.... I think they had a good offer and screwed up by not taking it.... kinda like when the Palestinians did not take the offer from Israel where they could have had most of what they wanted, but now have very little many year later...