Behind Germany’s refusal to grant Greece debt relief – Op-Ed in The Guardian

¿Por qué, en contra del sentido común, contra el veredicto del FMI y en contra de las prácticas cotidianas de los banqueros que se enfrentan a agobiados deudores ,se resisten a una reestructuración de la deuda? La respuesta no se encuentra en la economía,,porque en el fondo reside en las políticas laberínticas de Europa.

El drama financiero de Grecia ha dominado los titulares durante cinco años por una razón: la obstinada negativa de nuestros acreedores en ofrecer un alivio esencial de la deuda .

En 2010, el Estado griego se convirtió en insolvente. Dos opciones consecuentes con continuar pertenenciendo a la zona euro se presentaron: el razonable, que cualquier banquero decente recomendaría – con reestructuración de la deuda y la reforma de la economía; y la opción tóxica – con ampliación de nuevos préstamos a una entidad en quiebra mientras se finge que permanece solvente(..)

Yanis Varoufakis

Tomorrow’s EU Summit will seal Greece’s fate in the Eurozone. As these lines are being written, Euclid Tsakalotos, my great friend, comrade and successor as Greece’s Finance Ministry is heading for a Eurogroup meeting that will determine whether a last ditch agreement between Greece and our creditors is reached and whether this agreement contains the degree of debt relief that could render the Greek economy viable within the Euro Area. Euclid is taking with him a moderate, well-thought out debt restructuring plan that is undoubtedly in the interests both of Greece and its creditors. (Details of it I intend to publish here on Monday, once the dust has settled.) If these modest debt restructuring proposals are turned down, as the German finance minister has foreshadowed, Sunday’s EU Summit will be deciding between kicking Greece out of the Eurozone now or keeping it in for a little while longer, in a state of…

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