The banks should have stopped lending to them years ago and stopped peddling their bonds. The banks and investor’s deserve to take a hit for their greed and stupidity. The Greek people will only learn if the money is cut off and they have to go back to work to earn their way in the world. So they should default and start over.
The Greek banks and the Greek politicians were sleeping together...that’s why no one wanted to stop the stupidity. Toss in the Olympic games and the huge cost for the airport, subway and village. They just didn’t know when to quit.