> you can negotiate the option to pay the debt in 30 years The Greek repayment schedule has already been negotiated to extend to 2054. That is in 40 years. I

> you can negotiate the option to pay the debt in 30 years The Greek repayment schedule has already been negotiated to extend to 2054. That is in 40 years. I would say that if Greece can't handle a debt in 40 years, we can forget about it. (With the Greek history, that is. Elsewhere there are longer debts; in Sweden, a mortgage for a house may be amortized in 100 years - but it can be handled because people pay what's due).