Europe is full of idiots (both in high and low places) who think banks are there just to give loans, and there is only one way of paying it back, by taking a new loan. No economy is big enough to help Eurpoe with a few hundred million idiots thinking so. BTW, if you learn history books you find that 100 ago, their PM (maybe even a Papandreou) said the Greek state was… broke. Just like deja vu other way aroung.
French tourist arrested for waving Israeli flag on Temple Mount (Haaretz)
from the article: Germany can rescue Europe