The wave of anti-austerity swept Hollande into power in France, and for good reason - Merkel's austerity program, while sounding nice and grownup, doesn't work.
Nor has Greek tax evasion and profligacy - relying on economic statism.
With half the country avoiding taxes, 30% of income and 1/4 of GDP off the books, and about 60 billion € owed to the leisurely tax authorities, the responsibility spreads far and wide.
One touted effort at accountability showed 17,000 swimming pools around Athens with only a few hundred declared. But when a businessman confronted with a 600K € tax debt gets away with paying 11,000 €? Good luck to all that.
Even on the international scale, Greece carried 2 sets of books, the public one with 2% lopped off of debts thanks to some tricky Goldman Sachs moves - moves that cost the Greeks dearly in the long run. Though allowing her to get more loans from EU sources at better rates, plunging her further into debt.