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The protracted negotiations have brought up dark memories, especially between Greece and Germany. In the central town of Distomo, site of a Nazi massacre in 1944, the past is still painfully vivid but there's hope for a European future.
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The eurozone crisis has focused attention on debt-burdened Greece. Meanwhile, Portugal is seen as the international creditors' poster-child for obediently slashing spending and welfare benefits. But Portugal's national debt continues to grow, and it's mired in recession and unemployment.
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The European Union says Greece has made some progress, but not enough, to merit the new bailout it desperately needs to avoid default and keep the euro as its currency. Now, talk is growing about contingency planning if Greece fails to meet the bailout conditions and defaults.
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Recently, Wells Fargo Securities released a short report offering a state-by-state look at the places that could be hardest-hit by a potential European…