surely bailing out Greece when primary exposure is French/German/UK banks is sharing the bailout costs amongst the whole EU in particular poorer countries subsi

surely bailing out Greece when primary exposure is French/German/UK banks is sharing the bailout costs amongst the whole EU in particular poorer countries subsidising richer ones. I agree part of this bailout has already taken place. The second phase is ensuring life in Greece is so bad that other larger countries don't want to default.