3 ms·
Are you sure the chances are zero? Greece has made a lot of sacrifices over the past five years and could have a surplus, if not for the interest rate of the d
by irixusr 11y ago
Are you sure the chances are zero?
Greece has made a lot of sacrifices over the past five years and could have a surplus, if not for the interest rate of the debt.
So restructure it like the German one was: long payment plan, low interest and payments dependent on exports. Then they'll pay it off too!
Btw, the interest payment is the reward for risk. The risk is default of the lender and inability to access credit for the debtor. German banks gambled badly, tough.