Part of the problem is that Greece was Europe's baby from the start and will continue to be bailed out by it. It's not paid its own way since Russia carved it out of the Ottoman Empire and now is just another in a long string of dysfunctional Greek governments. The greater problem is that Greece is today dysfunctional in a globalized world with a great deal of risk that way.

However, I would note that since Brussels let Greece in, they made their bed and they can damn well lie in it for all I care.