> Only a small fraction of the €240bn (£170bn) total bailout money Greece received in 2010 and 2012 found its way into the government’s coffers to soften the blow of the 2008 financial crash and fund reform programmes.
> Most of the money went to the banks that lent Greece funds before the crash.
They money from the bailouts went to pay debts that Greece owed on pre-2008 loans, and was not available to the Greek government to be used for social or economic restructuring.
I'm not certain at all what your basis for your comment is.
Another case of profits being privatized and losses being socialized.