The troubles of Greece, Ireland, Portugal, Spain and Italy are they really about debts and fiscal discipline? I guess not. Greece always remained the bastion of good national values and strong culture of decency. These values and principles are under assaults from the governments of big new Europa. Sovereign debts and bankruptcy are just few weapons in their arsenal for swallowing the remaining pockets of good old Europe.
Poland and few other countries, while not yet in direct firing, are very well aware of that and watching the grave developments anxiously and cautiously; and asking themselves who is next in the hit list.
The relationship between Germany and France despite being well-coordinated for now is very far from reliable and lasting. The third engine of new Europa, Britain, is discovering that its interests and relationship with France and Germany are at risk from power shifting and the EU assumption that the UK is in the periphery of Europa. The government of France is very content with role of assistant or deputy in the EU helm. Britain is definitely not.
Greece, Ireland, Portugal, Spain and Italy cannot sustain for long time the new pattern of interference, EU-appointed bureaucrat; and erosion of real democracy. The financiers’ and political conflicts in the EU are making bad economies even worse.
Will Greece, and other potential candidates, be allowed to pull out of the EU? The answer now is definitely NO; because even if Greece is not willing to accept the bailout with the attached conditions, the EU is still want to take Greece. New Europe cannot live with pain in the ***.