Why did troika institutions refuse debt relief for Greece?

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The Troika's Refusal of Debt Relief for Greece

The troika, representing creditor interests, refused Greece's demand for permanent debt relief. This decision was made despite internal assessments by one of the troika's members, the International Monetary Fund (IMF), which had independently concluded that Greece's debt was unpayable. The provided material does not elaborate on the specific justifications or reasoning employed by the troika as a collective body in their refusal.
Internal IMF Assessment of Debt Unserviceability

The International Monetary Fund, a key component of the troika, had arrived at its own conclusion regarding the sustainability of Greece's debt. This internal assessment indicated that the debt burden was beyond Greece's capacity to repay. However, this finding did not appear to sway the collective decision of the troika to deny permanent debt relief to the nation.
Refusal Despite Creditor Interests Representation

The troika, acting as representatives of the creditors, ultimately denied Greece's request for permanent debt relief. This action occurred within the context of negotiations and pressures exerted on the Greek government. The refusal highlights a divergence between the IMF's internal analysis and the broader stance taken by the troika in its dealings with Greece.

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Why did troika institutions refuse debt relief for Greece?

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