AFAIK that Junta was removed almost 40+ years ago. It's effect is lesser than something that happened relatively recently.
Meanwhile, by refusing to help Greece with its debt, not only did EU increased the debt, but inadvertently legitimized the right option, by saying there will be no debt canceling (which was left position at the time).
Giving money in exchange for reforms seems like help to me. You're helping when you teach a man to fish, not when you just hand him a fish to only eat for one day.
Except the reforms were not reasonable. More like telling a man to cut off an arm to get a fish. Doesn’t teach you to fish in the future and creates lots of suffering in the present.
b) a set of banks who were willingly ignorant that they were lending to a state with a history of bankruptcy over many decades, because they believed/knew that when push came to shove the EU (taxpayers) would bail them out (which they did. You realise that the Greek "bailout" was a bailout of the EU banks that lent to the Greek state).
I think it is widely accepted that the terms imposed on Greece were unreasonable – not just because they caused very high unemployment and poverty, but also because they were based on a completely unrealistic assessment of the country’s ability to pay back its debt. A good book on the topic (and much else) is Adam Tooze’s Crashed.
The EU's "financial support" means that Greece's economy will be in slow growth or recession with high unemployment for decades. That will probably lead to unhealthy governments. They would be better off if they had gone through with grexit when they had the chance.
I was wrong (can no longer edit). The referendum did not confirm the bailout terms. In fact it went against the agreement, but the newly elected government still made a deal.
>EU negotiators gave Greece a choice too. Agree to our demands or we destroy your economy.
No. The destruction was done in decades of mismanagement by successive Greek governments.
But if you think that I agree with the bailout terms you are mistaken. Quite the contrary. I think there should have been debt relief so that Greece can make a new start.
But I reject the idea that installing a dictatorship is comparable to not granting someone debt relief or not extending new loans to them.
