IMO this whole Euro debt crisis (just like US sub-prime crisis) was manufactured long ago in order to give the ECB more financial power in Europe through tighter 'fiscal union' between the so-called soverign nations. In the process, they've outsted numerous Prime Ministers and Presidents and replaced them with complicit EU Officials. I believe the UK opted out of the most recent deal so they could remain the way they are...whatever that may be is debateable also!!!