A Greek-American economist's Q&A:
...discusses the disastrous outcomes of the policies enforced on Greece by its international lenders, and the IMF’s admission that it made serious errors in its assessment of the impact of austerity on the Greek economy and society.
Link:http://www.opendemocracy.net/openeco...ssible-way-out

Advocating an EU-funded Marshall-type recovery programme is IMHO lacking realism, let alone how Germany would react.