Wednesday 22 November 2017

Why should other eurozone countries pay for Greece's debt?

Greek Prime Minister Alexis Tsipras looks on as his colleagues applaud during a parliament session of Syriza party lawmakers at the Greek Parliament in Athens yesterday (REUTERS/Kostas Tsironis)
Greek Prime Minister Alexis Tsipras looks on as his colleagues applaud during a parliament session of Syriza party lawmakers at the Greek Parliament in Athens yesterday (REUTERS/Kostas Tsironis)

Much of the coverage of the post Greek election situation amounts to little more than an apologia for Greek threats to default on their self-inflicted debts and ask the citizens of other EU and eurozone countries to pay for it.

The narrative being promoted all over the media now is that of the newly elected Greek government attempting to intimidate its fellow members in the EU and especially those in the eurozone.

The present Greek government is demanding that the citizens of other eurozone countries pay the price for decades of irresponsibility by Greek governments and Greek banks.

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