News Analysis: Greece has a glimmer of light cast on its heavy Government Debt; a scourge due to Gross Mismanagement of the Country’s Economy and Theft by its Various Leaders (Military and Political), many Financial Analysts declare.
As welcome as the new funding will be to the Greeks, they still have to remember the Bonds are still Debt (to be repaid in the future). As Greeks work to get the Government’s Financial House in order, the terrible price they have paid does not appear, as yet, to include redress to those who caused the Debacle. Which Military Leaders and Politicians who have secreted their ill-gotten gains in Switzerland and elsewhere been brought to Justice? Which of the aforementioned Thieves are now housed in Greek Prisons? Δεν ξέρω.
Egos of a Nation’s Leaders can allow for continued Personal Expropriation of Government Monies, as it has occurred in Greece. Many people are of the opinion that until any possible Gains are SIGNIFICANTLY LESS than the Pains, which the Leaders knowingly will receive, the possibility of recurrence is likely. Now, if caught, they will merely move back to America, as before.
Reality.
Reference: http://www.bbc.com/news/business-26967027