Disclosing the most true factor on Greece requires distance from own aspirations on wealth for well paid rulers and dito press-people.
The foreign debt of the country is not abnormally high and as tourism brings in twenty billion euros per year that money can be paid back rather easily. If luxury imports like cars and oil for these are stopped the more sooner. The Greek will arrive also where they want to go by train and donkey. Or take your old bike with you as a gift when on holidays going there.
The real problem is that the greek government did not get enough from taxes while pleasing the population with big salaries, pensions and subsidies. A solution may consist of putting a hundred thousand debt to the state on every house owner and ten thousand on those possessing a car. This will be comparable with the situation of mortgage debts in northern countries. The actual money debt in economic terms means that there is unbalance not only in consumption and production but on a big scale in possessions. Such can be rearranged by law and in practice there are many ways, also with fine tuning for the one time taxation with hundred thousand, etc. euros. Selling state property is bad because the new owners will raise prices for consumers as they like profit.
Now consider who are in power in Europe: that are well to do people and "robbing" the greek rich persons (in order to restore social-economic balance in Greece) might be followed by same measures to get the state debts in Western-Europe disappear. That is not what the elite wants and therefore the politicians belonging to that class do not speak about it. They hide this most important factor to solve all problems, including that of the euro. They prefer to lend to the state and receive interest! Instead of becoming substantially poorer in material possessions. Their opinion is: let others, especially lower classes pay by taxation and we will contribute money via lending (which renders nice interest).
Why was this not reported extensively? Anyway history will reveal what is behind present politics of the ruling class.
Meanwhile we like to know how much money the rich Greek brought to foreign banks. Can this be traced and used by the greek and EU governments to help banks that lended out to much money to Greece? In Italy there are plenty rich tax evaders and the European Union need not bother about any help to the state-in-debt as correction can be achieved by the Rome government (with some pressure?)
All the time the "haves" try to get more, not the least presently. But poor and little educated common people have difficulty to see their tricks. In Holland p.e. art 1 of the Declaration on human rights, which forms basis of the International Treaty on Civil Rights, is rejected by the Justice authorities in order to maintain a piramidal society. Art 3 of the country's Constitution (implying open, honest sollicitation procedures) is sabotaged to get nice jobs like mayor for political friends and art 60 of the Paris Treaty (1953) is neglected on purpose, (it says that everybody can buy goods and services for the same low prices as offered to others, which is necessary to have an open, honest market) by tax reduction on mortgages which enables the well to do to buy a same house for tens of percents less than a minimum wager would be due. So the rich save money and can help the poor with a house for rent (for high rent of course). Also the tax reduction on pensionpremiums functions as a dirty method to get money out of the pockets of the poorer and fill those of the wealthier.
Perhaps worst is the situation in the USA as Obama has got a minister of Finance responsible for the gap of fifty billion dollar between the richest and the poorest citizen. Reflect on what a citizen is. The state has to tame the greedy and search for balance in opportunities. A main instrument, but not used is to force resharing of jobs in order that everybody with then sufficient income can buy a good house. Note that the mentioned art 1 implies a right to have a minimal place for staying or dwelling without others drawing money from it against one's consent. Salaries for parliament members have to be reduced substantially in order to get persons who do represent the majority of the people.
The best way for other governments to help the Greek is bringing euros to the country for buying land to reforestate. The wood later will render a good price as trees of high quality can grow there like is observed around the city walls of Rhodos. The greek people can be paid to dig plant holes and keep their goats at a distance. Next generation will be thankful for the milder climate under the green cover. Pigs originally lived in forests, so extra income may be generated while rejectable bio-industry in northern countries is abolished.
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