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by leereeves 3992 days ago
Why would anyone lend to Greece again after debt forgiveness?

(Nitpick: the Greeks are the debtors.)

1 comments

If they can reform their politcal system and people belife it to be sound, they should get money again.
I agree, but the comment I responded to suggested they wouldn't do that, they'd get loans again despite not reforming, and this crisis would happen again.

It seems to me that if anyone loans money again to an unreformed Greece, they've accepted that risk.

I agree. The most important thing is to make the RULES clear for the future. But eurocrats don't seem to understand this.