they have more hard assets than Greece but they are not in the Eurozone, that is the problem. If Venezuela was in the Eurozone, they would get the money shoved up their arse without having to sell a single barrel of oil. Since they cannot tap EZB emergency liquidity, they have to print their money themselves.
IMF is not an option either, they only help US buttlickers. You can be chaotic and corrupt, lying and lazy, but you have to have strong friends....
But don't worry, intrinsic value of Bolivar, USD and Euro is identical: zero. Sooner or later all fiat currencies will arrive there.