Obviously, Northern Europe does not get the "Union", like in the EU, thing. It is easy for some in any political scene to do well. For instance, in the US, we had two Presidents early on with the last name "Adams", from Massachusetts. Well before the Civil War, the "south" was a place of economic malaise. Slavery was just bad business. If you want customers, you need to make sure that everyone has money to be customers, because you cannot survive for long by making and selling things to folks with no cash. Profits made by slavery tended to pop up elsewhere, like London. Plantation owners sold cotton for almost nothing, and bought cotton shirts from Europe for a high price. The US south smoldered in deep decay until President Roosevelt (the good president with that name) invested heavily in Southern infrastructure and people. (Think of this: in 1930 only about 5% of the "farms" in the "south" had electricity. By 1950 only about 5% of the farms did not have electricity.) True, many of the US black citizens did not get much of a piece of that pie. However almost all of the other southerners, the poor "white trash", had neither an education or a dollar, or much promise. But things have changed. Lots of public money has been invested in the Southern Part of the US, and life has changed. Germany, France, etc., invented lots of ways to get wealthy from Greece. Cash flowed north. The corrupt bankers showed up and did the unregulated scams. It is necessary for those running any "union" to carefully balance the cash flows so that nobody gets too much or too little. There is only one way out of the present Greek problem: massive public investments (yes, money derived from taxes from folks who have wealth) to build schools, hospitals, roads, bridges, agriculture, airports..... all those things that generate wealth in any country. This is not "good money after bad". It is a transfusion into a corporate body that is very short of blood. Seems like the EU needs to do some firing and new hiring. Their leadership has failed miserably. Certainly there is an essential need for accountability. Competent management needs to be vigilant to make sure that the Northern Europeans don't just steal again the investments. (It is hard to steal an airport or a bridge, unlike stealing an IPO.) The more the EU "leadership" sucks wealth out of Greece, the deeper the despair and ruin. Call it a 5-year plan. Make government work again.