"Greece’s debt ballooned once we entered the Eurozone" It ballooned because when... | Hacker News

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		revanx_ on July 5, 2015 \| parent \| context \| favorite \| on: Greeks Reject Bailout Terms "Greece’s debt ballooned once we entered the Eurozone" It ballooned because when you entered the euro your country was now able to acquire and spend much more debt then before.

elorant on July 5, 2015 [–]

And as much it was our fault to borrow money like there was no tomorrow it was ECB’s too that looked the other way.

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