As CEO of the OK-Rating Institute and involved in the situations of many ratings, we carefully considered the Greece position :
The way out of this Greece tragedy is not as simple as that and needs a lot of cooperation:
We therefore advice
1. IMF is buying ALL of Greece Debts at 60%, thus reducing Greece Debts with 40% leaving all parties within the EEC without further growing debts [having absorbed 40%) under the sole condition that Greece is leaving the EEC !!! and so it can restore and revaluate its Drachme.
2. IFM is making a repayment schedule of these 60% debts for the next 60 years
3. The interest to be paid by Greece is not more than 1% above of the intrinsic loans' interest.
The final consequence is that 40% of the burden is taken by the EEC, about half of the 60% or 30% is taken - of the consequent taxes - by the inhabitants, and the rest will be gained by the regular inflation.