I

refer to an article '€œGreece slams creditors as hopes dim for debt deal,, (The Jakarta Post Online/AFP, June 24).

When the Greek economy was in supposedly much better shape ,German, French and other public and private banks in Europe lent Greece billions of euros apparently without carrying out comprehensive due diligence because Greece was part of the EC and its monetary system.

The fact is that at that time the underlying weaknesses in Greece'€™s economy and financial system were worse than they are now. Why were the billions of euros lent under circumstances that made repayment doubtful? It seems that there are different measures applied for different member states when it comes to complying or noncompliance with european commission (EC) rules and regulations.

The EC is a club of rich and prosperous countries that do reluctantly allow membership of less fortunate countries based on political and strategic reasons rather than economic considerations. Such a club'€™s existence cannot be sustainable as membership for some comes at too high a cost compared to its benefits.

Henry Manoe
Kupang, East Nusa Tenggara