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by toomuchtodo 1780 days ago
Asking because I don't know: what are the odds Germany and France by way of Brussels bail those folks out?
2 comments

Germany will never run an trade deficit out of a stupid sense of pride, it's completely irrational, so 99%.

Just think about it. If Greece needs x billion € to pay its debt off the most logical way to deal with the problem would be to just buy a huge amount of Greek products rather than send x billion € directly.

My guess is, they'll help it like they did with Greece (maybe a bit more generous) but they'll have to pay a big part of the bill (ie: austerity)