If and when (or only when?) the moment of truth comes and Germany has to take its losses on Greece, those losses will easily exceed 100 BEUR.
What would this mean?
It would mean that Germany has been sending exports to Greece free of charge since Greece joined the Euro. At the same time, these exports – everyone argues – contributed so much to the well-being of the German economy during this time. Now: if these exports would in the final analysis not get paid for but they, nevertheless, contributed so much to the well-being of the German economy, there can only be one conclusion from this regarding the future:
CONTINUE TO EXPORT TO GREECE LIKE MAD BUT TO AVOID A FUTURE FINANCIAL MESS, DO IT FREE OF CHARGE FROM THE BEGINNING!