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Germany successfully refinanced several German banks during the crisis and the current debt of Greece will not be payed fully back before 50 years. German EU co
by holoto 12y ago
Germany successfully refinanced several German banks during the crisis and the current debt of Greece will not be payed fully back before 50 years. German EU contribution will be cut back. The impact to Germany will be minimal.
For Greece? Take a look at Argentina.
- taliesinb 12y agoYou may benefit from reading an expert on debt restructuring: http://blog.mpettis.com/2015/02/when-do-we-decide-that-europe-must-restructure-much-of-its-debt/ http://blog.mpettis.com/2015/02/when-do-we-decide-that-europ...