It is easy to watch from Sweden, yet not all of us live in the non-pillaged parts of the Eu, and are not of positive view of what this 'union' is; nor could we be.
Yes, yes it is! Really. And while you might think you have found a good put-down, it REALLY is an excellent position from which to gauge the Greek misery.
Sweden went to the dogs financially in the 1990's. 500% interest rates, crashing currency, mass unemployment, and a several years of shrinking GDP.
And it took literally YEARS to regain international confidence and trust in the Swedish economy, Swedish politics, Swedish society etc. The the PM Göran Persson later talked publicly about the starkness of the situation of trying to argue with 20-something US financial hacks on Wall Street, to try to weedle marginal concessions from these know-nothings who suddenly had ended up wielding massive influence on the fortunes of ordinary Swedes — while assuming the reason Sweden was in the dumps was "Socialism"...
Now — granted — the Swedish crisis was nowhere NEAR as bad as the current hole Greece is trapped in.
BUT, if Sweden — which has spent most the last centuries as a safe and solid investment, good for considerable credit — in a few short years in the 1990's could lose all that, be treated as somehow downright TOXIC — and all that could reverse this wasn't just fiscal prurience and a reconstructed economy, but also nothing but TIME, rather large amount, upwards of a decade, to regain trust in it... then just ask yourself WHAT it will take for the global economy to regain ANY level of trust in the Greek economy?
Which is the REAL problem for Greece. Whether Greece digs itself out by its own accord (it can't) or finally gets a leg up and help to lamber out, who is going to trust Greece not to instantly NOT dig a new hole, similar to the last?
If you wonder why Greece is still left to languish like this THAT is the real reason. At this moment, given past Greek fiscal history, thinks digging out Greece, i.e. PAYING for it, is going to accomplish anything but that — Greece starting a new hole, from which it will eventually also have to be lifted out of, and so the exercise of extricating Greece will effectively be a matter of flushing money down the drain.
And the reason this attitude prevails is that it is known that Greece has been bankrupt and in receivership for longer periods of time since its independence than it has been fiscally solvent. At this point no one trusts Greece to run working national finances, and history backs this up.
It comes up against the softer values of injunctions of EU solidarity, and the need to take the edge of sheer human misery in Greece — but in the end the hard stuff overrides the softer issues. For now, and for the foreseeable future...
Greece won't get out of this dilemma until somehow perceptions of its ability to manage its own economy changes. And since it's still in crisis, and time alone can change this, don't expect much soon...