NEW YORK (TheStreet) -- The relationship between Greece and the European Union seems to get worse almost every day.
The Greek leadership does not really seem to want a solution to the breakdown in the relationship, it just wants to be seen as the side that has held the "correct" position with respect to the country's problems.
One of the most insightful pictures of this Greek leadership comes from Greece, itself. Associate professor of law and economics at the University of Athens, Aristides Hatzis has written in the Financial Times that many of the leading ministers in the Greek government "live in the 1970s, dreaming of transforming Greece into a mix of Cuba and Venezuela...They cannot seem to understand how a globalized economic system works."
Wanting to be right rather than successful, this leadership resists the reform and the restructuring needed in order to modernize the economy and help it become competitive within the twenty-first century world. The European Union is attempting to bring a community that is economically efficient and effective, one that can compete with the likes of the United States and China.
The eurozone cannot effectively compete in a globalized world if members of the common currency are productively out-of-date, who still have outdated labor laws, and who still operate on patronage and personal favors. Others within the community, like Spain, France, Ireland, Portugal, and Italy have made major strides to move forward on these fronts and are continuing their efforts to advance reform every day.