So let me get this right? Are they proposing to actually steal from peoples savings to pay off their debts? Why don't they just print more fake money like the usually do?
they cant because they're in the euro and dont control their own currency
That's correct - that's why Greece needs to exit the Euro. The more currency they print, the less it's worth, and the less it is worth, the more tourists flock to the Greek Islands which become very cheap compared to countries on the Euro.