It is something that is not well understood about the Euro, it is a deal with the devil, with all the hallmarks of looking like a wonderful idea where wishes and imagination blind one to the details and the tricks one opens oneself up to. It immensely benefits the ruling class and the upper class, and even foreigners at the expense of the working and middle class and the indigenous.
It was also that way for the Germans who are accused of having benefited at the expense of others, when that was really more an effect of national scale, not all Germans individually. The Euro has had an odd distorting and perverting effect all across Europe; but it has always generally been excellent for the ruling and upper class that have gained access to an overflowing trough of other people’s money at the EU.
The Euro has been a kind of wealth transfer mechanism to the ruling, upper, and even foreign classes, just as it has been a tool to restore the aristocracy just as it had in the USA; the aristocracy gets the money, the people get the inflation and debt that fuels the fraud.
We shall see if it all goes off the rails and the people establish legitimate democratic rule, or if the authoritarian aristocracy can fully entrench itself again.