I would guess that Greece would rather quit the EU than pay a half-billion dollar fine.
Greece is still opposed (regardless of conflicting public statements) to Turkish entry into the EU. There is plenty of street opposition to Turkish EU membership throughout the EU. Greece will skate out from under this current problem with its deficit, probably for other reasons, but Greek opposition to Turkish EU membership is a big bargaining chip within the EU, and not just for Greece.
Austria says it will have referendum on Turkey
EU Observer | Dec 17 2004 | Honor Mahony
Posted on 12/18/2004 1:29:51 PM PST by SunkenCiv
http://www.freerepublic.com/focus/f-news/1304238/posts
EU irked by Turkish adultery law
BBC News | Thursday, 9 September, 2004 | correspondent
Posted on 09/09/2004 10:34:26 AM PDT by SunkenCiv
http://www.freerepublic.com/focus/f-news/1211132/posts
EU Rebuff Would Affect Ties With Turkey: Turkish PM
Agence France Presse | Sunday, September 12, 2004 | correspondent
Posted on 09/12/2004 7:13:34 PM PDT by SunkenCiv
http://www.freerepublic.com/focus/f-news/1214238/posts
France calls on Turkey to recognise Armenia killings
EU Observer | Dec 14 2004 | Honor Mahony
Posted on 12/14/2004 10:06:36 PM PST by SunkenCiv
http://www.freerepublic.com/focus/f-news/1301675/posts
Germany and France to take common position on Turkey
EU Observer | Dec 3 2004 | Richard Carter
Posted on 12/06/2004 10:29:46 AM PST by SunkenCiv
http://www.freerepublic.com/focus/f-news/1295533/posts
MEPs give thumbs-up to Turkey
EU Observer | Dec 15 2004 | Richard Carter
Posted on 12/18/2004 2:01:37 PM PST by SunkenCiv
http://www.freerepublic.com/focus/f-news/1304256/posts
Turkey warns of terror wave if EU membership is rejected
EU Observer | Dec 13 2004 | Lisbeth Kirk
Posted on 12/14/2004 10:10:42 PM PST by SunkenCiv
http://www.freerepublic.com/focus/f-news/1301677/posts
Why Turkish business needs the EU
Daily Star (Lebanon) | Saturday, September 25, 2004 | Michael Glackin
Posted on 10/01/2004 10:41:52 AM PDT by SunkenCiv
http://www.freerepublic.com/focus/f-news/1232764/posts