And the Maastricht Treaty won't be of any help. Bailouts of a member nation (EU/EMU) by other nations are expressly prohibited. Thus, the hotshots misrunning EU/EMU are looking for a way to bail out Greece (and soon, Portugal and Spain) w/o leaving their fingerprints on the machinations. The situation is SO dire that US long-date debt is being bid up as a 'flight to quality'. US debt? Quality??? Oh, puh-lease.
However, this fiasco has one positive effect: the demonstration to anyone with any functional brain cells that Lady Thatcher was **exactly** correct in her famed evaluation of socialism.