I am one of these citizens.
There are two possibilities:
1. You believe in Europe. You understand there are faults in the Euro design that bring to this situation. You try to fix the problem with the minimum of suffering of European citizens.
2. You don't care about "Europe" you only want your money back: If this is the case, you should implement some kind of agreement that leave the debtors to recover enough to pay something.
Nothing of that is happening.
What is going on is that I, a European citizen, give public money from my taxes to the Greek government so he can repair private debts to French and German banks and now that they are free of the mess, we are going to destroy the Greek economy because..
well because they are lazy and they really deserve it. Who cares if we don't get the money back. At least they will learn a lesson.
Oh yes, and they should privatize everything, stop collective bargaining and put their assets under German control.
Um, actually what was going on so far was that I, a European citizen, gave public money from my taxes to the Greek government to do nothing of use - neither for the Greek citizen, nor for me. So there's also a possibility number 3 which means don't trust those guys, which is unfortunately exactly what's going on right now. Both the former and the actual Greek rulers lied big time - to the EU AND to their people, whatever is worse it's everyone's to decide.
The situation would have been worse if we hadn't, by the end of last year Greece was only paying 3% of GDP to service its debts, private banks would have wanted much more.
1. You believe in Europe. You understand there are faults in the Euro design that bring to this situation. You try to fix the problem with the minimum of suffering of European citizens.
2. You don't care about "Europe" you only want your money back: If this is the case, you should implement some kind of agreement that leave the debtors to recover enough to pay something.
Nothing of that is happening.
What is going on is that I, a European citizen, give public money from my taxes to the Greek government so he can repair private debts to French and German banks and now that they are free of the mess, we are going to destroy the Greek economy because..
well because they are lazy and they really deserve it. Who cares if we don't get the money back. At least they will learn a lesson.
Oh yes, and they should privatize everything, stop collective bargaining and put their assets under German control.