Greece faces many challenges in implementing its third bailout program and mistakes have been made by both other Europeans – who did not handle the Greek crisis in a "rational" way -- and by the Greeks who caused a lot of damage by resisting a bailout for so long, European finance ministers told CNBC this week.
Euro zone finance ministers gathered in Luxembourg on Friday ahead of a meeting of the Eurogroup on Saturday, at which major issues facing the region, including sluggish economic growth, unemployment and developments in Cyprus and Greece, are to be discussed.
The meeting is the first after a chaotic splurge of talks over the summer at the height of the Greek crisis. The country's third bailout, worth 86 billion euros ($96 billion), was eventually agreed in July and ratified by several European governments, including Germany, in August.
However, not all finance ministers in Europe agree that a third bailout was the best solution for Greece.