A lot of people (mainly journalists and politicians) say that Eurozone taxpayers pay for the Greek bailouts. On the other hand, a lot of economists say that those money have not been added in the yearly state budgets of the Eurozone members because they are not physical money coming from the tax payers.
Contrary, most of the Greek bailout funds are given in the form of intergovernmental guarantees for which Greece pays actual real interests. Additionally, the bailouts not being bond-like give the creditors as the Eurozone countries the right to ask back the value of these guarantees whenever they like.
Can someone objectively clarify the situation? Specifically, can you give some details on the form of these intergovernmental guarantees?