Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Probably because Schäuble's offer does not include debt restructuring, all debts remain denominated in Euros, and there is this harebrained idea that the grexit is temporary.

A society committed to the notion that government is always bad will have bad government. And it doesn't have to be that way. — Paul Krugman
by Migeru (migeru at eurotrib dot com) on Thu Jul 16th, 2015 at 05:22:45 AM EST
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