Even worse, we have this mess of a system in which countries like France, Poland, Germany and the likes are just burning cash to essentially keep certain unproductive countries in a perpetual state of financial welfare
Is that how you look at it?
As I look at it, it's the other way around.
Rich countries "give" their money excess to the poor ones, on the promise these will eventually pay back with interest.
Of course, they are never able to, so the debt increases and more money is needed.
The rich aren't paying the poor welfare. They are completely controlling the cashflow of the poorer countries.
It's as if I gave you money for your expenses, on the condition that any money you make, you have to give back to me. It's unsustainable.
Ideally, it should work as if the EU was a single country. Like it happens in the US. There is a budget that determines how much a state needs, and the money is shared on a necessity basis.
In Europe, money is shared with absurd interest.
Take Portugal for example, we were in financial trouble, got the cash, and got out of it. By now we could be productive and increase overall european wealth. Instead, we have a huge debt to pay off, with no means to reinvest any money, and slowly walking into another financial hole for, take a guess, the rich countries to lend us some more.
Who the fuck came up with this?
Oh, that's right, the rich countries!