as to Greece, its a wonderful place to visit, which i have done many many times over the years, and have a number of Greek friends here - however anyone who thought that Greece should have been allowed anywhere near money from the public purse, not just in recent days, but allowed them to join the EU in the first place, needs more than their head examining. I have first hand experience, knowledge of what they do with their money, and it doesn't involve giving it to the tax man that's for sure.
their biggest industry after shipping, is tourism, and if the bottom ever fell out of that, it would be goodbye Greece.