vvg, I would like to step in here and ask you to read this entire article... I will post an excerpt however...
June 16 (Bloomberg) -- The International Monetary Fund said it is ready to continue supporting Greece if the economic measures agreed upon as part of a bailout package with the European Union are adopted.
"We stand ready to continue our support for Greece subject to adoption of the economic policy reforms agreed with the Greek authorities" Caroline Atkinson, the director of IMF external relations, said in an e-mailed statement today.
http://www.businessweek.com/news/2011-06-16/imf-says-we-stand-ready-to-continue-our-support-for-greece-.html
While I cannot speak nor pretend to speak for Nursery, I happen to agree with his earlier statements and share his belief that this entire crisis is a rehash of what has occurred in the recent past... i.e. Spain, Portugal, Ireland and yes, even France...
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