Theonik
Member
The EZ also had a pretty terrible way of addressing these crisis in Greece as well as other EZ economies that hit the breaks. Blaming just the EZ for that is dumb though, but, one should also acknowledge that these nations are no longer in control of their monetary policy. But we reaaaally don't need another Grexit thread.The EU had a small fault in the situation.
The union wanted Greece to join that badly, they overlook those damaging facts, which were well known at the time (you can't simply join the EU, without showing your books). Even so Greece wasn't ready to join the EU with those loopholes and all of the corruption intact, they got in. Then they never drastically helped Greece to change and everything blown up at the end.