Greece – Convenient Victim or Complacent Masochist?

PETER KOENIG—The debt on Greece was imposed by the troika and accepted by the Tsipras Government against the will of the people, who in a referendum on 5 July 2015 voted with an overwhelming 61% NO to the bail-out package, of which not one euro has benefitted the Greek people, but covered merely Greece’s debt service, i.e. interest and related fees; and, second, the Greek debt was and is by IMF standards – admitted in private by Mme. Lagarde – beyond Greece’s repayment capacity…