Their sole purpose was to prevent a default until most of the debt was in public hands, were it can be contained, and that's obviously a matter of "privatize the profits, socialize the losses".
Knowingly lending to a bankrupt entity who has no way of paying it back is fraud, plain and simple. Those debts are fraudulent and the lenders don't deserve them back.
Greece is a sovereign country and decides for itself what it spends its resources on.
Not exactly. When the IMF and ECB gets involved in lending to countries, there's strings attached. Unless you tell them to go to hell, they start dictating policy. It's the Banker's Coup.
Apparently they've decided to leave the path on which the rest of the Eurozone was willing to help them.
"Help"? They weren't trying to help them. They were looting them to the bone. Just like the banks are trying to do to other countries, and what they did to the public in the USA's sub-prime mortgage debacle. Bribe the politicians to agree to whatever you want, then load 'em up on debt that nobody could possibly pay. Now you get to run their country. Sell off all of the country's assets to your corporate buddies at fire-sale prices, and force them to convert their State owned businesses into privately owned ones, such as Water Works and Electric Company. Leave 'em with their pockets turned out on Baltic ave. while you skate all the money back to Boardwalk.