RikH 5pts It wasnot, isnot and unlikely will ever be about helping Greece. Greece is a small country withdeclining importance for worldtrade and the worldeconomy. If somebody would drop a bomb on Greece from an economic pov that would be a non-issue. This is about the Euro and all that comes with it.The problem is that the issues surrounding the Euro are in no way solved and put up their ugly heads repeatedly..The priority is not to have fall out from the Greek issue for the EZ. With popular support in several EZ countries for a Greek rescue likely a minority opinion, it looks with no measures available to actually solve it, the best thing to have it not drive into a wall.Basically even a large debt reduction will not do the job, the issue is Greece should never have been a member of the currency Union. After 6 years Greece has shown that it can simply not function within the framework of the EZ, it simply cannot make it a viable situation. So an exit and not a debtreduction has to be the solution long term. As long as that is not really on the table, kicking the can is the best option (well for the short term fixated, like the EU leadership.From there not jeopardizing the support for the permanent flow of rescue packages in all EZ countries (of which several have very likely have no popular mandate for that is a no brainer (the top priority), helping Greece is not even remotely.Writing debts off and have that as a consequence become a budget item (and a law to be approved by parliament in most cases) is simply political suicide in several countries and as said very doubtful if it would help Greece.Similar to the Schengen issue btw.