Friday lay day – Cave in or Trojan Horse?

Its the Friday lay day blog and I have a day ahead full of meetings with research partners, other parties and related matters. So I am glad I told myself I wouldn’t write much today. But we have to mention the discussions in Brussels yesterday – extraordinary on all sides. Late last night I read the letter the Greek Minister of Finance wrote to his suited confrères on the Eurogroup committee. I had to read it more than once and convince myself that I was reading it correctly rather than being duped by the hour of the evening and the flight I had taken to where I am today. I read it and read it. Each time I concluded cave in! Sure the words were still a bit like those that a proud, independent people might write to international partners. But once you cut through the defence of self-esteem to the substance the conclusion resonated strongly – the Greek government, for all their talk and bluster, have caved in. Then I read the memo from the German Ministry of Finance in all its Teutonic clarity – Fuck off, we want you to get down on your knees when you cave in not stand there without your ties and suits smiling about it. Amazing really, on all sides.

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