As Greek elections move closer, suddenly, all around Europe everybody talks about forgiveness of their debt. Whoever wins, and especially if it is Syriza, that same instant they will forgive some of the 300+ billion euro of Greek debt. Why? For a very simple reason; Greece is not able to give that money back. Whatever is done, however you talk about it, how many commissions, studies, you promote there is absolutely no way that Greece can ever give the money back. Some of it, yes. Not all of it. So the easiest and best solution is to impose strict conditions to the next Greek government and forgive, probably, half of the debt. The rest should be paid back in the next 10 or 20 years. Many suggest that it will not be the first time that such a procedure is put in place. The great and mighty Germany saw its debt forgiven before 1939 and after the war. 

            I bet that before giving in, the EU, which has quite a lot of money on the table, will ask the Athens new government to clean its table. To invest, to create jobs, to have its taxes paid by all citizens and companies.

            But it is now absolutely certain that part of Greek debt will be forgiven.