The legacy of Ancient Greece is relevant, not the nation that happens to live there today.
Greece is bankrupt. It made this cute announcement because it costs the country nothing, and should anything go wrong, it would be rescued by the EU.
Greece is bankrupt. It made this cute announcement because it costs the country nothing, and should anything go wrong, it would be rescued by the EU.
From 4 Apr 2022:
Greece has received three international bailouts from the euro zone and the IMF worth 280 billion euros ($307.19 billion) since 2010. It emerged from its latest bailout in 2018 and has relied on the debt markets to cover its borrowing needs since.
“Greece concluded today the repayment of its debts to the IMF,” Finance Minister Christos Staikouras said in a statement. After previous early repayments to the IMF, Greece owed 1.9 billion euros in loans due by 2024, the last batch of a total of 28 billion euros the Fund provided between 2010 and 2014.
https://www.reuters.com/article/greece-economy-imf-idUSKCN2L...