{"id":291534,"date":"2015-02-26T15:30:13","date_gmt":"2015-02-26T20:30:13","guid":{"rendered":"https:\/\/policyoptions.irpp.org\/2015\/02\/whats-the-deal-on-greek-debt\/"},"modified":"2025-08-28T15:18:06","modified_gmt":"2025-08-28T19:18:06","slug":"whats-the-deal-on-greek-debt","status":"publish","type":"post","link":"https:\/\/policyoptions.irpp.org\/fr\/2015\/02\/whats-the-deal-on-greek-debt\/","title":{"rendered":"What&#8217;s the deal on Greek debt?"},"content":{"rendered":"<p>J<a href=\"https:\/\/policyoptions.irpp.org\/wp-content\/uploads\/2025\/08\/GreekFlagSinking.jpg\"><img decoding=\"async\" class=\"  alignright wp-image-8025\" src=\"https:\/\/policyoptions.irpp.org\/wp-content\/uploads\/2025\/08\/GreekFlagSinking.jpg\" alt=\"GreekFlagSinking\" width=\"145\" height=\"145\" \/><\/a>ust days after a European \u201d\u0153deal\u201d\u009d on Greek debt, the signatories <a href=\"https:\/\/www.telegraph.co.uk\/finance\/economics\/11435649\/Greece-to-stop-privatisations-as-Syriza-faces-backlash-on-deal.html?WT.mc_id=e_DM2472&amp;WT.tsrc=email&amp;etype=frontpage&amp;utm_source=email&amp;utm_medium=Edi_FAM_New_2015_02_26&amp;utm_campaign=DM2472\" target=\"_blank\">are already squabbling<\/a> about what it means. Germany says the new Greek administration must stick with its austerity program; the Syriza ministry says it can abandon it and, indeed, is already reversing important privatization initiatives.<\/p>\n<p>It calls to mind a wise precept from Henry Kissinger in <em>White House Years<\/em>: \u201d\u0153A negotiation can succeed only if the minimum terms of each side can be made to coincide.\u201d\u009d It applies here, and far more widely including to more ominous developments like the crisis in Ukraine.<\/p>\n<p>Negotiations can be used to reconcile differences or to paper over them. The latter approach generally only buys time for bad things to happen.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Just days after a European \u201d\u0153deal\u201d\u009d on Greek debt, the signatories are already squabbling about what it means. Germany says the new Greek administration must stick with its austerity program; the Syriza ministry says it can abandon it and, indeed, is already reversing important privatization initiatives. It calls to mind a wise precept from Henry [&hellip;]<\/p>\n","protected":false},"author":913,"featured_media":290807,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","ep_exclude_from_search":false,"footnotes":""},"categories":[],"tags":[],"article-status":[],"irpp-category":[],"section":[],"irpp-tag":[],"class_list":["post-291534","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What&#039;s the deal on Greek debt?<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/policyoptions.irpp.org\/fr\/2015\/02\/whats-the-deal-on-greek-debt\/\" \/>\n<meta property=\"og:locale\" content=\"fr_FR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What&#039;s the deal on Greek debt?\" \/>\n<meta property=\"og:description\" content=\"Just days after a European \u201d\u0153deal\u201d\u009d on Greek debt, the signatories are already squabbling about what it means. Germany says the new Greek administration must stick with its austerity program; the Syriza ministry says it can abandon it and, indeed, is already reversing important privatization initiatives. It calls to mind a wise precept from Henry [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/policyoptions.irpp.org\/fr\/2015\/02\/whats-the-deal-on-greek-debt\/\" \/>\n<meta property=\"og:site_name\" content=\"Policy Options\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/IRPP.org\" \/>\n<meta property=\"article:published_time\" content=\"2015-02-26T20:30:13+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-08-28T19:18:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/policyoptions.irpp.org\/wp-content\/uploads\/2025\/08\/Greece-flag.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"710\" \/>\n\t<meta property=\"og:image:height\" content=\"390\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"vkurzawa\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@irpp\" \/>\n<meta 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