They don’t have such access. They have loans whose terms are quite draconic and demand this political union as one of the terms, though.
Err, make that draconian. They also have to pay off the tanks and other armaments that they bought from Germany before anything else as part of the deal. There’s a lot going on there that is more than merely fishy.
Okay, Germany calls for a reformulation of the terms of the European Union. A constitutional convention if you will. During the convention, new standards are formulated, which, son of a gun, exclude spendthrift nations like Italy and Greece. The excluded nations can become members as soon as they get their budget problems in check (yeah right). This happens so quickly and unexpectedly, that almost everyone is taken by suprise. A new currency the Northern Euro or Neuro, comes into being. The old Euro collapses, and the resulting hyperinflation devestates the economies of Greece, Spain and Italy. Germany reiterates that the Mediterranean countries are more than welcome into the Northern European Union, as soon as they achieve fiscal reponsibilty (yeah right). China converts as many dollars as it can into Neuros, causing the dollar to collapse. Interest rates are driven up to stop the sell off. The United States economy goes into free-fall. Stop me if you have heard enough...