As long as the Greek people are unwilling to accept the consequences of the unfettered borrowing to which they indulged in the early 2000s they will remain in that misery indefinitely.
The only thing that is saving them is that Germany and other rich countries are accepting lower standards of living to allow them to continue their profligate ways because they don’t want to see the collapse of the Euro.
At some point, France, and Germany will grow weary of carrying these Takers and allow the Euro to collapse and return to their own currency.
And if it was only France and Germany suffering for a cause to which they subscribe I would say Go ahead and continue to indulge them. But Spain, Greece, Portugal, Ireland and, to a lesser extent, The Balkin states threaten to bring down the world economy again.
Those self indulgent countries need to be quarantined when they show all signs of Fiscal irresponsibility so they can’t hurt everyone else. Unfortunately, while they are behaving in this manner they look like good investments to corporations that can get labor and goods extra cheap when the currencies falter so it isn’t easy to get them into quarantine.