The Greek debt, the Greek nation and the moral position

Il debito greco, la Grecia e la morale

EN | IT | FR – To the question “Should the Greek debt burden be eased?” economists reply in favour. Servicing the debt (repayments and interest) drain a huge part of the Greek productive economy. As a result, Greece is sinking into a quagmire; it has already lost about a quarter of its productive effort, despite the indicators of these past few months apparently confirming that stabilisation is trending slightly upwards. The debt itself blocks any return to viable growth.