This is a common leftist propaganda we see here in EU - that others are guilty for Greece's situation, and that poor Greece is a victim of shady capitalists (ba

This is a common leftist propaganda we see here in EU - that others are guilty for Greece's situation, and that poor Greece is a victim of shady capitalists (banks). The reality is somewhat different: they have put themselves in that situation by overspending since mid-70s. Not only that - they have been systematically lying to the world about their financial situation: fist when they were entering the EU and then in 2010 when they "discovered" that they are in a much worst situation than previously reported to the creditors (read the part about Eurostat trying since 2004 to improve reliability of Greece-provided financial figures). You should read the facts by yourself: https://en.wikipedia.org/wiki/Greek_government-debt_crisis https://en.wikipedia.org/wiki/Greek_government-debt_crisis Also to debunk the biggest lie, the one where Greece's economic situation is basically bailout for EU banks, let me state this facts: 1. In 2011 there was about €46bn in Greece debt held by EU banks (excluding Greece internal banks), of which €9.4bn was held by French and €7.9bn by German banks. By 2015, Germany, France and Italy held roughly €130bn of total €323bn debt. So EU state members lend Greece about 5x the money that their banks had been exposed to in bad Greece debts. Hardly an EU-bank bailout. 2. Also, in 2011 EU states required commercial lenders (including their own commercial banks) to accept a 50% write-off, before they started using taxpayer money to start refinancing and extending loans to Greece. What really pisses me off is that Greece expects other EU-countries to provide free money to them (by writing off debts or providing well-below-market debt refinancing), while at the same time they only collect half of their tax revenues due. If they only collected the same level of tax revenues as other EU-member states, they would be in no trouble.