Bollocks. The minimum to prevent contagion was done. They'd have been better off defaulting. Not only that but the dismal lack of solidarity hurt the stronger states far, far more than stepping up to the plate would have done.
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Greece's implosion dragged Italy, Spain, Portugal and Ireland down into the same hole. Even France was starting to go down. The entire EU was on a knife edge. So yes, patience was thin. Better off defaulting? Syriza was offered to exit the EU and realized that would be even worse.
aug 23, 2025, 6:30 am • 0 0 • view