The
origin of the crisis is not its Hellenization, but its Northern counterpart
Βυ Konstantinos Katsanevas[1]
The Greeks have always felt a need to be wedded to a
supposed European identity. In order for full integration, adoption of a
colorful new currency would give them ‘worldly’ status. You see it was always
about image. This new sense of self allowed the Greek to one-up Turkey and on
top of that create a definite distinction from his Balkan brothers. What a
deal! Add to that with image came a
false sense of security, and a surge of capital - not just for Greece but for
all the peripheral economies of the Eurozone.
On their high horse they rode right to the grave.