Countries that use the euro said Thursday they have agreed on a financial backstop for Greece that would combine loans from other eurozone governments and the International Monetary Fund, a move aimed at stopping the government debt crisis that has undermined the shared currency.
Pile more loans on an already large debt pile and devalue. This is an easy political solution as long as confidence doesn't collapse. It's called the race to the fiat bottom. Some win, while most lose.
Source: finance.yahoo.com
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