In truth, the question is not whether Greek debt should be restructured, but how to do it so it really benefits the country’s economy. Hence the importance of making this restructuring, whatever form it may take, conditional on the implementation of measures that will contribute to strengthening the economy and ensuring the sustainability of the Greek public finances.
Will the third rescue package succeed where the first two failed? One of the keys to success lies in the capacity of the Greek government to make its citizens understand that the measures requested are not a form of punishment. These measures are crucial to both the development of the economy and the good functioning of the administration.