Next Greek Package: Dangers for the Eurozone

Greece is in dire straits; it will need more debt relief. This column argues that Greece is suffering because northern EZ countries kicked the can down the road by forcing crisis countries to borrow rather than restructure their debts early on. It is time for the ‘generous’ lenders to face the consequences of their short-sightedness. [...] View the full post at: Next Greek Package: Dangers for the Eurozone Related posts: Eurozone Leaders Agree on Greek Safety Net with IMF Role The Eurozone Problem in One Picture IMF Dismisses the Idea that Greece’s Debt Problems Could Spread to Other Eurozone Nations