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  There's a difference between 'bailing out', in the original sense of standing surety for a person 'on bail', and in its modern connotation of underwriting Greece's debt; and baling out, which is what WWII fighter pilots did after their plane was hit by enemy flak. The PIGS countries are being bailed out- Finland is threatening to bale out, i.e. jump ship.
  
  In particular, while Greece is currently being bailed out, it is on condition of being responsible in the future, i.e. keeping in line.
  
  So Barry and Reg, you are actually broadly in agreement but successfully finding something on which to differ.
  
  I take Reg's point about supporting a family member. But why should Finland consider themselves a member of the same 'family' as Greece? And why should we consider the Eurozone a family? A family is all about blood and cultural ties brought about through kinship and a common ancestry - the Eurozone is a financial grouping of consenting adults.
  
  Even if we fully accept the family analogy, does the family have to keep bailing out an errant member until every other member is penniless? If it does, then there is no moral hazard in being irresponsible.

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