To be honest, that is I think what is going wrong in the EU. Italy is kind of doing it right, since taking credits will not really affect it's own credit rankin

To be honest, that is I think what is going wrong in the EU. Italy is kind of doing it right, since taking credits will not really affect it's own credit ranking. Under such conditions (lets say zero sum game between states) the best strategy is to spend as much money as possible.