Why should Germany pay for these consequences and not those German banks? And yet, there is payment happening in the form of Target2 [1], with current numbers [

Why should Germany pay for these consequences and not those German banks? And yet, there is payment happening in the form of Target2 [1], with current numbers [2] not being much different than the graph in the article. However, who has to pay is not my point. That 'secret' €2.8 billion loan doesn't fundamentally change the analysis of the Greek economy. 'They must have known' cannot be ignored. The Greek situation fulfilled economic theories that are broadly known. So why did banks willingly underestimate the risk? If you look at Piraeus [3], crushing Greece cannot be a long term strategic target. *edit: The mutuality was crushed in the setup. There was no perspective for Greece to develop inside the Euro. Subsidies to compensate the strong Euro don't work because the economy aligns to those subsidies and not to market demands. The mutuality is that the richer countries keep paying subsidies and the 'lucky' individual receivers have a good life within their poor community. That's not a good outlook. Question remains: Can something be done to allow for economic prosperity in Greece within this framework? How can the startups be selected that rebuild the Greek economy so that every citizen benefits? [1] https://en.wikipedia.org/wiki/TARGET2 https://en.wikipedia.org/wiki/TARGET2 [2] https://gm-media-library.s3.eu-west-1.amazonaws.com/image_7fbbaa873f.png https://gm-media-library.s3.eu-west-1.amazonaws.com/image_7f... [3] https://en.wikipedia.org/wiki/Port_of_Piraeus#Ownership https://en.wikipedia.org/wiki/Port_of_Piraeus#Ownership