The fact is that Greece had no right to borrow from German – or any other European – taxpayers at a time when its public debt was unsustainable. Before Greece took any loans, it should have initiated debt restructuring and undergone a partial default on debt owed to its private-sector creditors.
事实是希腊没有权利在其公共债务不可维持时向德国——或其他任何欧洲国家——的纳税人贷款。希腊获得贷款之前，它应该先实施债务重组并经历拖欠私人债权人的债务的部分违约。但这一“激进”观点在当时基本无人关注。