Mainiac made more sense: the way you presented it, they were blackmailed, but they were after all free to refuse dealing at all time (which is what is happening too). Without insisting on the duty that come with monetary policy the case doesn't stand.
It's like arguing that Europe is infringing on Swiss sovereignty because they were shut out of some programs after voting to restrict entry by Croats.
In no way does any of that justify your interpretation of anything I've said as "Greece
must be bankrolled by Europe". No, I don't think it
should. I think the Euro should be dismantled, or at the very least it should become a co-currency, not
the currency. That would be a compromise. With the way things are in the eurozone, nations are not free to control their own currency. Not only is national currency no longer under their control, but public institutions and public security are eroded by the central authority in Europe, in the interest of paying back the loan - as if destroying the public sector did anything to help with the deficit. This "austerity" is not only threatening and destroying Greece, it has also been leveraged against my country of residence, Finland, which is one of the better-off countries in Europe, and only because we're nearing some arbitrary limit of debt (60% of GDP, IIRC) - this limit is used to justify cuts to public spending, which does fuck-all to help the economy as a whole and a lot to help the private sector.
It serves only the interest of a few investors to "keep Greece bankrolled" and in the euro, those who have invested in Greek debt. I don't give a damn if they lose out, if the end-result is that Greece doesn't have to tear down every public institution and sever all the limbs of the public economy.
Who can't refuse blackmail? Who is not free to refuse offers made at "gunpoint"? It is a dubious freedom, but it is there. This dubious freedom is what is used to defend this odious debt and these violent "contracts".