I lived in Yurp for a bit during the run up to the adoption of the Euro. One thing that stood out in all the Very Serious People talk at the time was the basic contempt that The North had for The South. Yes, yes, we're all in this together, but those damn Greeks and Italians are going to screw everything up.
The Very Serious People have done a heckuva job bossing around the lesser provinces. Hopefully the rebellion is successful.