"It's always reassuring to find you've made the right enemies." -- William J. Donovan
After becoming a member they took advantage of their new Fiscal status as a Member Nation in good standing to borrow at much lower rates.
There were strict limitations on deficit spending written into the Treaty that Greece signed to get into the EU.
Those limits were ignored while a corrupt Greek Government financed entitlements , unsustainable public sector give aways and public sector pensions with other people's money
The worst thing they could have done was to elect a radical Che Guevara worshipping left wing activist instead of a leader.
Excellent post! I wasn't thinking as far ahead as you are, and reading your post was like opening a window on possible future problems for Greece. Focusing only on tourism, the recent ISIS massacre of vacationers in Tunisia is bound to cool tourism in many places around the globe, Greece included. Poor little Greece doesn't have much to look forward to, do they? They're damned if they do, and damned if they don't, and that's so sad! I did see an article on Yahoo that people are withdrawing all the money they can from their ATMs at the banks, even running some of them bone dry, so they are trying to cope with what's happening the only way they can. That's a short term thing, though - what's going to happen when all that money is spent? *shaking head in pity for the people of Greece*
If the UK was in such dire straits, I would want a say in such a national decision.
Find Corrie McKeague, missing RAF serviceman.