[Script Info]
Title: 
[Events]
Format: Layer, Start, End, Style, Name, MarginL, MarginR, MarginV, Effect, Text
Dialogue: 0,0:00:00.00,0:00:07.81,Default,,0000,0000,0000,,Greece will spend 90 billion euros on repayments of principal and interest until 2020.
Dialogue: 0,0:00:07.81,0:00:14.61,Default,,0000,0000,0000,,Between 2020 and 2030, it will have to repay 201 billion.
Dialogue: 0,0:00:14.61,0:00:22.39,Default,,0000,0000,0000,,In sum, it is 291 billion euros in 15 years.
Dialogue: 0,0:00:22.40,0:00:25.47,Default,,0000,0000,0000,,That is 160% of its GDP.
Dialogue: 0,0:00:25.47,0:00:34.15,Default,,0000,0000,0000,,No country has ever repaid so much money for its debt in such a short time.
Dialogue: 0,0:00:34.16,0:00:40.06,Default,,0000,0000,0000,,If we look away and pretend that our debt is sustainable, that leads nowhere.
Dialogue: 0,0:00:40.06,0:00:50.80,Default,,0000,0000,0000,,This year we will have to repay approximately 22 billion euros, that is 27% of the budget.
Dialogue: 0,0:00:50.80,0:00:54.72,Default,,0000,0000,0000,,That is not sustainable, according to international standards.
Dialogue: 0,0:00:54.72,0:01:08.34,Default,,0000,0000,0000,,After that, we will have to repay about 16% of the budget until 2020.
Dialogue: 0,0:01:08.34,0:01:11.14,Default,,0000,0000,0000,,That is a very high number.
Dialogue: 0,0:01:11.15,0:01:18.93,Default,,0000,0000,0000,,For the period after 2021, things become horrendous.
Dialogue: 0,0:01:18.93,0:01:25.08,Default,,0000,0000,0000,,For example, in 2022, we will have to repay 33 billion euros.
Dialogue: 0,0:01:25.10,0:01:29.68,Default,,0000,0000,0000,,That is interest payments and principal.
Dialogue: 0,0:01:29.68,0:01:31.25,Default,,0000,0000,0000,,Yes, the debt itself does not go away.
Dialogue: 0,0:01:31.25,0:01:34.70,Default,,0000,0000,0000,,Therefore, we have to start this discussion.
Dialogue: 0,0:01:34.70,0:01:45.51,Default,,0000,0000,0000,,Our partners must realise that Greece's major problem is its extremely high debt.