How does the EU rescue package work

For anyone who has always wanted to understand how this EU rescue package actually works and what the outcome is, I have found a precise and very nicely and simply explained overview here.

A German tourist walks into a Greek hotel, places a 100 Euro bill on the counter, and asks for a few room keys, so he can check out the rooms to see if he likes them.

The 100 Euros are to serve as a security deposit.

The hotelier gives him all the keys because he doesn't have a single guest. When the guest disappears and looks at the rooms, the innkeeper runs to the butcher and gives him the 100 euros, saying that his outstanding bills should surely be paid with that. He runs back to his hotel.

The butcher walks to the farmer, gives him the 100 euros, and says, „For the pig last week, that's still due.“

The farmer goes to the village's only prostitute and gives her the 100 euros because he still owes for his last two visits to her.

The prostitute runs to the hotel and gives the hotelier the 100 Euros she still owes him for two room rentals, with clients. At that moment, the German comes down the stairs and says he doesn't like any of the rooms.

He gives the hotelier the room keys, takes his 100 euros, and leaves the hotel.

Here's the result: All debts are paid and nobody has money. That's how the EU rescue package works!

I think everything is clear now, right? 🙂

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