bankrupt

Will Greece face bankruptcy? Yes they already face it. Whether Greece goes bankrupt that's the question.
History is on Greece's side. So the public opinion will save Greece once again. In the 19th century bank loans saved Greece. Now bank capital might save Greece. Banks have to give Greece voluntary new bank loans.
There is nothing voluntary about it. If they don't, the EU financial crisis will deepen itself. Banks will have less capital, Pension funds can't pay the pensions, states will face shortages. Money will be wasted.
Europe is in crisis for nothing than money and some people who can't handle it.

Why have Greece, Romania, Bulgaria, Hungary and other countries entered the EU while they weren't ready economically and politically?