Haven't you heard the demands to be considered an integral part of central Europe?
Integral? Never heard of it. Poland is located in central europe, as oposed to estern europe, there is nothing more to this. But it is beside the point.
The Greek debt problem is the result of irresponsibility, yes, but the Germans definitely benefited from Greece's (and not only Greece's) debt-funded spending spree. But the Greek debt did not appear overnight after they joined the Eurozone. They already had a big debt when they joined. When they joined the Euro their borrowing costs went down, they had access to cheaper credit because they were borrowing Euros instead of their previous national currency.
Both the Greeks and the Italians have a twofold problem, they spend a lot and their tax systems are full of holes. Berlusconi himself encouraged people to dodge 30+% tax rates because they are too high. If they fixed that before the global recession hit then maybe they wouldn't have been in such deep **** as they are now, but the ****** tax system is just one part of their problem.
Greece is a financial corpse at this point. They cannot pay back their debt unless they pull some kind of deposit of a valuable commodity out of their as which will increase their revenue by a lot. That is unlikely to happen. Deep recession or an outright depression is the only thing that awaits the Greek economy.
If Greece wasn't in the eurozone it could just print money and devalue it's currency until it could pay off its debts.
You can't have a monetary union without a fiscal union. UK can issue currency to pay off debts. Greece can not. Only way to solve it is to have common fiscal policy for all Europe.
Which they are trying to do but I cannot see it succeeding. The Maastricht criteria were promptly ignored by every country that broke them. The new budget criteria and punishment mechanism will only remain on paper and again be ignored by the likes of France as were the Maastricht criteria.
Unless the EU went Das Europareich a.k.a. New World Order on its member states and the EU budget plus EU dictated taxation would supercede individual national budget policy and taxation the monetary union will still be doomed to fail. Really the current EU attempts at solving this won't do much. A true fiscal union where the relationships between the EU and national budgets are the same as say between the German federal budget and the budgets of individual lands is the only solution but nobody will agree to that. Because as you can guess it means Germany will run the show with French support while the other member states won't have much to say.
United Europe yes, European superstate NO.Centralisation has never worked - it only corrupts the state and the moral, as we already see in the USA (too much power exerted from DC). The EU
must not become another US.