What's interesting in what you describe about the greek situation, is that it's exactly what one should expect when a government lose its control on the monetary policy : instead of solving the problem by just printing money (at the cost of inflation) it needs to be much more intrusive in people's life in order to deal with difficult times.
Well, I'm happy with neither of the two because in their exremes they are both disastrous and disempower individuals. Who knows, if the monetary system had been out of central control from the beginning, there might had never been a financial crisis to begin with.
So I'd rather make both choices impossible for my government and be in control as an individual, for better or for worse. Socialism in Greece has failed. Either failed to exist, or failed to work, failed regardless.