I don't blame the banks, I blame the people who allowed socialism to destroy the spirit of a great industrious, heroic people.
PASOK (the Pan Hellenic Socialist Movement), let by Andreas Papandreou, destroyed Greece. When his and the corruption of his government was exposed, he raised the pensions and expanded the government patronage and was reelected. Over 10% of the populous "works" for the government; retiring at early ages; and pensions were paid over a 14 month period. There's little if any manufacturing left. PASOK fully subsidized hotel and resort construction. But the abuse of the tourists encouraged the Turks to develop their beaches, so tourists now take their holiday's in Turkey; how appropriate!
The people who said "No" to Fascism and fought off the vile Communist civil war, are a minority living in villages and the islands (or emigrated); they do not live in Athens and its environs. Their PASOK government signed for the loans that they stole and couldn't afford to repay---now they blame the loaner and their terms? America, take a lesson from the Greeks, see where socialism leads...
"The Wall Street Journal" classified them over a year ago, "PIIGS," Portugal, Italy-Ireland, Greece, Spain.
Poor Prime Minister George Papandreou, he tried but his father's policies destroyed the majority of the people. "The sins of the father will be visited upon the son;" Is that the Old Testament quote? How applicable.