The family of 28 nations known as the European Union has had a rough decade of near divorces. The latest blow was Italy’s election last Sunday. The anti-EU parties won. In other parts of Europe, similar parties have advanced. Britain wants out of the Continent-fusing project altogether.
But then there is Greece, which may serve as a model of a prodigal nation.
In 2009, the country of 11 million nearly brought down the eurozone and came close to exiting the EU after admitting it had lied about the size of its deficit (which was five times above the EU guideline). The official dishonesty, coupled with deep-seated corruption, spooked foreign lenders and defied core EU values of integrity in governance.
Source :- theguardian
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