From what I can see in the news, everybody is claiming their 15 minutes of fame to comment on the fate of the Euro. In an interview yesterday, former German Chancellor Helmut Schmidt and former French President Valéry Giscard d'Estaing stated that the EU Member-States should not have been more than 17 while Greece and other nations should not have been admitted to the Union. In another George Soros, the famous investor, stated that Germany should either lead or flee the Eurozone.
Two points here guys: maybe accepting so many nations in the EU is not necessarily bad. The EU is supposedly aimed at helping nations improve both socially and economically, by providing a strong Union between them. This would mean supporting countries which are in need, advising and enforcing solutions to them if it is necessary. We agree that maybe Greece was not ready to enter the EU when it was accepted. However, after almost 30 years from the country´s induction to the Union, it the first time that something is being done to promote both social and economic sustainability there.
What this would mean is that from now on, the EU officials should keep a sharp eye every Member-State in order to avoid a repetition of the current Greek tragedy. Thus, better enforcing and better understanding of common policies, both economic and other, exist now rather than any time in the past. Wise men learn from their mistakes, while even wiser men learn from the mistakes of others. This sovereign crisis is an opportunity for us
