Well they name it euphemistic "safety chute" and they simple ignore laws they themselves have decided. Last year it was Greece, this year it's going to be Ireland. Well the Irish have lived beyond any means and have obviously had a way too high "growth" rate in the paste. However...
If you invest in the EU or Euro zone be prepard to not just econimic hindrance, expect the worst from politicians. Think of taxes on investments and the like and you may not be suprised. If you feel contract have to be obeyed, then forget this as soon as you make contracts with governement agencies....
Even frauds, are not a reason to throw out the defrauders. So the questions about help for those breaking all rules, are answered. The politicians do not care a bit. If they steal, they name it taxes, if the do black-mailing it's helping EU partners. If it's burning money, then they all are there...