Quote:
Greece's current predicament can be told in numbers, big ones.
The national debt is around 340bn euros. That is one and a half times the value of everything the country produces, its GDP, or 30,000 euro for every Greek citizen
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http://www.bbc.co.uk/news/business-13854962
Just makes you wonder who's at the helm of EU expansion and how on earth they ever considered Greece (and certain other countries) suitable to join the Euro. What's even more worrying is that these same people still seem hell bent on further expanding the EU....
I'm of the firm opinion that any money lent to Greece now will go the same way as the last lot and never be repaid. Of course the Eurocrats can't admit that so they'll go on pretending that these are just loans and it'll all be alright in the end. Something decisive needs to be done to stop the rot but I can't see it happening just yet.