There a a lot of reasons for this clusterbleep - the Euro was a horrible idea, the predatory way the emergency loans were structured etc. But the bottom line is that this is a Greek tragedy mostly of their own making. You can’t run a country that promises everyone a minimum standard of living and government pensions for all while no one pays taxes.
“The problem with socialism is that sooner or later you run out of other people’s money to spend. “ -Margaret (Baroness) Thatcher
“You can’t run a country that promises everyone a minimum standard of living and government pensions for all while no one pays taxes.”
Somebody better make sure Obama understands that! /s;)