Who is to blame?

Probably everyone living in the world affected by the civilization knows about the Greek's economic problems. Its balancing on the brink of state bankruptcy, spiced with scenes of protesting against the treatment of the Greek's spendthrift policies, is filling all possible media for some weeks. Now we know the culprit of this unfortunate situation.

It's the common European currency. Such an opinion uttered in an interview with German newspaper Frankfurter Algemeine Zeitung Czech President Vaclav Klaus.

To some extent, one can be identified with this view, but not because the euro is burying individual European economies. The Greek one was simply always too weak. The euro is a political rather than economic project. It's based on the desire of strong European economies politicians' to have an ace in sleeves in the form of hype for the voters from the rows of entrepreneurs. Give us your voice, we'll give the euro and you'll be well. The current concept of the euro is conceivable for strong economies, like Germany, France and Great Britain. While the latter holds its traditional currency. But euro came among the variously developed and developing economies with great vigor. Some Maastricht criteria was to prevent weak economies to be adopted by this strong club. But it didn’t. Along with the euro getting stronger, the weaker economies weakened the more.

Rather than the euro itself the Greek's desire of euro is the culprit of current crisis there.