Europe

Assigning Blame for Greece's Unbearable Debt

Europe's leaders had a chance to give the country a break. Instead, they left their own taxpayers on the hook.

Big creditor.

Photographer: Drew Angerer/Bloomberg

European leaders are belatedly coming to a crucial understanding: Greece's debt burden is too much to bear. As they consider whether to provide relief, they should keep in mind how the country ended up owing their governments so much in the first place.

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