Three weeks ago I posted this overview of government bond spreads for the PIIGS compared to Germany:
http://www.economicsinpictures.com/2011/11/house-prices-around-world-us-house.html
That chart went back to 1990. This one goes back to 1970 and has much more data for Greece. You can see that in the 80s bond spreads were particularly high as well.

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