This is a robust, down-to-earth and highly focused editorial from the Independent. It’s a must-read. Check it out!
This position, championed by the IMF, will be obvious to most informed observers. However, German voters still live in a Walter Mitty world where they believe that they can say ‘No’ to Greece – the big downside risk is now with Germany.
I sense that the crisis will very soon be shifting to Berlin soon.