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Lesson should be learned are : Proper Utilization of funds., Every citizen should adhered to their tax payments with due diligence and should not be lazy:-)
One should be very careful with UTILIZATION OF FUNDS .
Greece joined the Euro club in2001-02. As an European Union member, the Greek government borrowed money (loans) at very cheap interest rates to manage the country’s finances. From2001 to2008, it continued to get funding from EU, borrowing more than it reported publicly, meaning the country was running bigger deficits and racking up more debt.
During this period, the Greek government had mostly utilized these funds on public spending only