When Greece Wrote Off German Debt in 1953 and How Germany Wants to Forget It

A view from the Greek perspective

http://greece.greekreporter.com/2015/07/09/germany-can-write-off-greek-debt-like-greece-did-for-germany-in-1953/


"It is time then for Germany, Greece’s biggest lender and Europe’s strongest economy, to show the same generosity poor Greece had shown in 1953 and write off part of its debt. That’s solidarity. "

And a view from a German perspective, summarised by the BBC from the Bild newspaper

"20:29

It takes a brave person to try and predict what might happen next in Greece. But, over at Bild newspaper in Germany, they've been trying to do just that.

In brief, here are the possibilities they outline:

1. A deal is signed - and possibly a new coalition is formed in Greece
2. Eurogroup says it is unhappy with Greek plans – so Tsipras prepares for Grexit
3. Eurogroup says it is unhappy with Greek plans – Tsipras refuses Grexit
4. Prime Minister resigns ahead of Grexit - so elections are called
5. You can read the whole piece here (in German) " .

http://www.bbc.co.uk/news/live/world-europe-33497309