2 ms·
The moral hazards for the banks were already created as soon as Greek's loans from the banks were replaced by their current loans from the ECB and other soverei
by cwyers 11y ago
The moral hazards for the banks were already created as soon as Greek's loans from the banks were replaced by their current loans from the ECB and other sovereign institutions. That ship has sailed. The original lenders already have their money back, no matter what Greece does now.