Quote ="Charlie Sheen"Common sense finally starting to prevail?
[urlhttp://www.bbc.co.uk/news/world-europe-33945263[/url'"
Yep. There needs to be an element of debt relief. Greece, if they were a company, would be in administration right now and the creditors would receive pence in the pound for what they're owed.
The same needs to happen here. The creditors took a risk lending money to Greece, so that risk now has to be realised.