https://www.reuters.com/article/us-eu-un-rights/greece-block...
https://www.reuters.com/article/us-eu-un-rights/greece-block...
In the West what we need is to restructure our facilities such that if you participate you will prosper. We need for everyone to prosper. Not necessarily equally, but what happened to Greece went beyond simply not prospering as much as other nations. It was legitimately negatively impacted. (A lot self inflicted, but a lot inflicted by the structure of Western trade facilities as well.)
Having mentioned all that, I grant you, having all parties prosper at EU scale is a little difficult to pull off.
https://en.wikipedia.org/wiki/Corruption_in_Greece#Lagarde_l...
Germany (and France) also knowingly gave Greece lots of loans, when it was obvious to everyone that Greece will never be able to pay them all back.
From the perspective of the average Greek citizen, the Greece thing hasn't worked out terribly well either.
> what we need is to restructure our facilities such that if you participate you will prosper
EU doesn't, yet at least, have enough power to take over whole countries then the country's government is shortsighted and is running their own country into a long term ruin for some short term temporary wins.
What didn't work out for Greeks was their corrupt politicians/elites and lack of sufficient oversight, including by EU institutions. All sorts of requirements that all EU members have to meet were never enforced for Greece.
From the time Greece joined the Euro (by cheating) to the start of the financial crisis, Greek GDP skyrocketed 2.3x. That's astounding, and pretty much unheard of. Of course it wasn't real, because there were no corresponding improvements in Greek economic efficiency or productivity.
I wrote about this at the time: https://blog.metaobject.com/2015/07/greek-choices-german-per...