But this is only a temporary measure. Greece still has to see to it’s crippling deficit. Remember that this money isn’t there to pay the debt off, it’s there to make sure Greece doesn’t default on it’s payments. So they still have to see to their massive deficit, as do Spain, as do Portugal, as do Italy and as do we!
This money is here as a back up. Countries with big budget deficits are going to have to make public spending cuts as quick as is viable, and raise tax levels just as swiftly. I feel that the time is now upon to see to the massive levels of debt countries owe, and if it’s not done now, we can expect enormous financial difficulty.