Just to put matters into a bit of perspective we should note that the GDP of Greece in 2011 was 217.8 billion Euros or roughly 283 billion U.S. $. The GDP of Alberta in 2011 was 286.6 billion C $ at current exchange rates equal to $ 287.5 U.S. $. The GDP of Minnesota is 267 billion U.S. $ as of 2010. So while it is a major human interest story to see if Greece and its 11.3 million people can be rescued from bankruptcy and prolonged misery we ought not to lose sight of the relatively small size of Greece in comparison to the German , French, American or Canadian economies.All of whom could come to the aid of Greece and prevent needless suffering by lifting the unrealistic and excessively severe austerity being imposed on them.
German GDP 2, 567 billion Euros or 3337 billion U.S. dollars
French GDP 1,987.7 billion Euros or 2584 billion U.S. dollars
U.S. GDP 14,600 billion U.S. dollars
Canadian GDP 1585 billion U.S. dollars
Greek GDP 283 billion U.S. dollars.