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by jknz 2050 days ago
I don't think name calling the EU as bullies advances anything. It is unsubstantiated and sounds like political speak and click-bait.

The problem of unsustainable debts of EU countries is complex. Debts cannot be fully forgotten as this sets an unsustainable precedent. Full austerity isn't sustainable either. Any reasonable solution will be nuanced.

By the way the same issue will arise soon enough to another EU country or to some US state. Will the US feds be bullies by telling states their debts cannot be forgotten?

2 comments

> I don't think name calling the EU as bullies advances anything.

That might be true, but if 50% of what he said about his interactions with EU officials is true 'bullies' is kind way of describing reality. Greece was blackmailed, plain and simple.

Reading his full account (Adults In the Room) of his interaction with the EU, there’s no other word.

The EU blackmailed Greece into accepting unfulfillable debt obligations in order to prevent the french and German banks collapsing, it’s that simple.

I have no other word to describe such behaviour.

He refused to sign Greece’s death warrant and the EU crucified him in the media for it.