patrick.net

To pay back €256 billion it would take about 48 years. That assumes 0% interest and a 3% current account surplus every year for 48 years!

Those calculations ignore rising GDP.

You are also ignoring currency debasement which makes any prediction meaningless.

"Those calculations ignore rising GDP"

Not in the cards, looking at the demographics

But nobody needs to pay back every dime of course. Here in the US we're no angels with our 60% debt to GDP

(this is debt less the SSTF etc and Fed QE holdings)

Let's set a target of $125B to knock their debt burden in half over 50 years.

$2.5B a year over 5M households is $500/yr, $10/week per household.

Apply it as a land value tax and that will come out of rents, LOL.