Which country is the next one?

"Maladministration, overspending, cronyism, and statism over a period of decades made IxxxY or FxxxE the weakest links in the Eurozone when the world financial crisis hit Europe in 20XX."

Debt: Improvment but still very dangerous

https://besacenter.org/perspectives-papers/light-at-the-end-of-the-tunnel-for-greece/

Indeed the question is that PIGS are not the same and the next crisis will not be the same too.
https://en.wikipedia.org/wiki/PIGS_(economics)

Greece

About Germany and France and the collectivist policies followed in France since 1980 by leftists and pseudo-conservatives:

Two states, in the same currency area, diverged so much that it threatens the Euro

https://besacenter.org/perspectives-papers/light-at-the-end-of-the-tunnel-for-greece/