No matter how long the life-line offered by the European Union, the Greek still demand more, and the ship of state is still sinking. Like Odysseus tempting fate with the Sirens, the Greeks insist on delving deeper into uncharted waters, where certain fiscal calamity awaits them.
Like "the man of many turns" was tied briefly to a mast, with his mariners' ears sealed with beeswax, the Greek people have stuffed their ears with empty bonds and promissory notes, refusing to heed the rocky bottom that will render their nation insolvent.
Greece does not need more money; they have no money to begin with, and whatever they are borrowing has only sunk rapidly into the maelstrom of waste and fraud. Like straddling Charybdis and Scylla, Athens can only choose between bad and worse in deciding the proper course to take in navigating out of the growing debt crisis which threatens to sink the Hellenes, the Euro, and the Common Market.