Excuse me!!???
Greece has only itself to blame for the mess it is in. The Greek government committed fraud in relation to the EU in order to enter the monetary union (euro), by presenting invented and fraudulent numbers for its budget and debt in order to qualify. If anything, it is the EU and its member states that should be highly skeptical of Greece.
Assuming that your contention is correct, why would the other EU member states conspire in such a fraud? If the other EU states knowingly conspired with Greece to break the rules, then Greece is not alone in acting in a fraudulent manner.
This fraud is why other member states of the EU have been very reluctant to provide aid to Greece -- but in the end Greece is going to get financial aid from EU countries and the IMF. And Greece should be appropriately thankful.
The only reason that Greece is being offered assistance is as a result of owing some 300 Billion Euros to a variety of banks. The French banks are owed some 60 billion, and the German banks some 40 Billion. Either Greece receives the necessary assistance to stop the speculators ruining Greece, or Greece has no recourse but to go bankrupt.
The EU is now well aware that there is no mechanism in place that is able to address the economic problems of member states. This is now changing in order to ensure that Greece is not followed by Portugal, and Spain.
If someone presents fraudulent accounts to qualify for membership in an organization or false transcripts to get into an university, for example -- what usually happens to them? They get expelled! Which is what should have happened with Greece.
You will recall that the Greek debt crisis is not a fresh issue. Rather the Germans, and the French have been pouring petrol on the fire by continuing to sell Greece, German military hardware, tanks, trucks, warships, submarines etc. Further more than fifty percent of the cars sold in Greece are manufactured in Germany, or by German owned car manufacturers, such as Seat, or Skoda.
Greek deficits and debt have been mounting because fiscal fraud is a national sport in Greece. Greece hid the real numbers as long as it could and when the truth finally came out there was no apology, no sense of shame. The Greek government practically demanded money from Germany to cover its debt payments, and when this was not immediately forthcoming the Greek press and public took to calling Germans Nazis and calling for a boycott of German products.
Nothing was hidden. The Greek Government bond issues is evidence that the Germans were well aware of Greek Government fiscal mismanagement. Despite the crisis the German Government, and the French Government have been industrious in attempting to sell Greece more military equipment to protect us from the Turks.
That didn't go down too well as you can imagine. In fact, throughout Europe Greece's reputation is in the toilet, and I know a few people that have decided to cancel summer vacations in Greece. It is only in the alternate reality that is Greece, where no one with an income over 1 million euros has ever paid taxes, that apparently the EU is to blame.
Corruption is not monopolised by the Greeks. The recent Siemens and Daimler Benz corruption scandals does evidence that hypocrisy is a Greek word that resonates in The Fatherland, as it does in Greece. Did I neglect to mention the corrupt former German chancellor who managed to avoid being prosecuted? Herr Kohl is wise to continue focussing on his cook books. For he cooked a few books during his reign, that were more about money than sauerkraut.
Greek problems have nothing to do with the EU. They have to do with Greek fiscal irresponsibility. If Greece didn't have the Euro speculators would have torn the drachma to shreds by now.
