It's a shame really. The EU could easily have aided Greece without help from IMF, that is to say, if every penny that is put into EU would support anything else than the rising burocracy in the union. The current Icelandic government seems fixed upon getting th country into EU, despite the fact that we are just recently of the list of ten nations going bankrupt.....
The EU is a monetary maelstrom, you can quote me on that.