The term "bailout" is too ambiguous. The lefties prefer some form of debt-forgiveness combined with other measures for eventual partial debt repayment. Most imp

The term "bailout" is too ambiguous. The lefties prefer some form of debt-forgiveness combined with other measures for eventual partial debt repayment. Most importantly, the lefties don't want to cut Greek pensions and certain other state spending. As Varoufakis explained it, he wants qualitative reforms rather than parametric reforms. Instead of "cut spending by another X percent", he wants reforms such as consistent enforcement of tax collection. In contrast, the IMF, etc. are trying to take the easy way out by asking for parametric austerity increases -- keep doing the same thing, just more harshly -- which is unlikely to succeed.