Habit is second nature, the proverb reads. Thus, the most relevant thing is to gain good habits in order not to suffer from bad ones. However, simple and clear rule may be interpreted in a different way. One of such odd habits is an insatiable desire to live in debt. Having tried once, one cannot stop; the credit offers are so seductive that it might be difficult not to be tempted to borrow some amount of money and then pay it back. The fact is one lends someone else’s money and for a certain period of time and one has to give his own money back. Let’s look at Greece, the biggest European lender, the country has not paid all the credits, but it was allowed to take the other credit. Literary a week ago Thomas Wieser, the chairman of the EU's Economic and Financial Committee, announced that it was decided to approve credit for Athens for one billion euros. Thus, euro area finance chiefs may grant Greece more time to meet its bailout targets and achieve its deficit-reduction goal. Jeroen Dijsselbloem, the president of the Eurogroup, expressed common belief and hope that those who are responsible will not stop and continue doing everything possible to solve the problem. Meanwhile, Dijsselbloem underlined that the EU does not see reason not to give Greece the bailout equaling 1 billion euros. Probably, funds will be transferred until the end of the year.
