Friday, July 3, 2015

Not a High Point for the Country of Plato

Sunday’s vote will ask Greeks to assess the creditors’ restructuring plan (which is no longer on offer) and their debt-sustainability analysis (which requires a degree in economics). The prime minister, Alexis Tsipras, says a No will strengthen his hand with creditors and so help keep Greece in the euro. European leaders retort that a No is in fact a vote to leave. After a Yes, Mr Tsipras might cling on or, if he goes, Greece might re-elect Syriza, but both have campaigned for a No. It is not a high point for the country of Plato.
The Economist. "Europe's Future in Greece's Hands" July 4th-10th, 2015, Accessed on July 3, 2015, http://www.economist.com/news/leaders/21656662-whatever-its-outcome-greek-crisis-will-change-eu-ever-europes-future-greeces

No, indeed. 

The Greek crisis is something I've been following closely albeit only through two sources, The Wall Street Journal and The Economist. In my opinion The Economist has the best, most insightful coverage while The Wall Street Journal excellently covers the day-to-day machinations of the tragedy. 

We live, as they say, in interesting times. 

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