Alexis Tsipras and Yanis Varoufakis could have threatened the eurozone with default. Instead, they showed their hand early – and the troika is still in chargeGerman officials chose a suitably Greek metaphor last week as they rejected the anti-austerity Syriza government’s initial demands, accusing finance minister Yanis Varoufakis and his colleagues of wheeling out a “Trojan horse”.As the fraught talks played out, however, instead of an army of fearsome Greek warriors emerging at Varoufakis’s side, it appeared more like one weary foot-soldier, waving an enormous white flag.Debt forgiveness, much talked about during the campaign, seemed to be off the agenda Continue reading...
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