History repeating itself

The problem in Greece is not that history repeats itself, but that it always repeats itself as a tragedy rather than a farce. There is nothing different about the present repetition, 10 years after Greece's fate was sealed.

The events are well-known. It was December 2008 when former prime minister Costas Simitis warned in Parliament: "It is a common secret in the circles of the European Commission that Greece is not adhering to the directives of the EMU [European Monetary Union]; in addition, oversight and supervision are proving insufficient. They believe that the country's current leadership, which relied on EU support for all its major objectives - the census, the revision of GDP, a swift exit from supervision - took advantage of this support in order to renege on its commitments. It simply deceived them. It would be good for Greece - they believe - to be forced to the...

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