More borrowing certainly isn't going to solve Greece's problems - never argued that it would.
Unless the government takes steps to end corruption and force the wealthiest to pay their share, things will remain the same, that is the case in Greece, Britain, Ireland.... wherever.
The situation is little different throughout the rest of Europe, you only have to look at the rapidly growing gap between rich and poor in the U.K. (fortified by the latest budget) and the ongoing theatrical 'show-trials' for corruption in Ireland
Greece paying her debt will do nothing for the people of Greece; the money will go to the wealthiest nations in Europe and the present Europe/world-wide crisis will spread further than it already has
Nor will her refusing to pay the debt while allowing things to remain the same - Catch 22 writ large indeed
At least, with Greece, at last they have a government who might get around to ringing the changes - here, things go on as they always have - would that we had governments here that show the same integrity.
Jim Carroll