Greece’s creditors say the Greeks are lazy, dishonest and inefficient. The Greeks say they were taken advantage of by the EU (i.e. France and Germany). They are both right. The “bottom line” is that Greece should never have been allowed to join the Eurozone in the first place. If both sides had been smart and honest about the whole business they would have admitted from the beginning that Greece was not a good candidate to join the common currency, the Euro. It was even back then and certainly is now just too economically weak. Of course, the Greeks didn't mind living outside their means and the French and Germans didn’t mind selling them stuff they really couldn’t afford. Now the world will see what happens when a first world European country defaults on it’s loans for the first time ever.
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