Wednesday 7 December 2016

Thomas Molloy: Greece may hold cards, but everyone's bluffing

Published 04/11/2011 | 05:00

The crisis has
brought civil
unrest to the
streets of Athens
and even raised
the possibility of
a coup d'etat by
Greece's armed
forces
The crisis has brought civil unrest to the streets of Athens and even raised the possibility of a coup d'etat by Greece's armed forces

IT is the moment every parent dreads. Provoked for hours by a naughty child, the exasperated parent snaps and threatens a punishment so extreme that it can never be carried out because it isn't possible to cancel Christmas or return the dog to the pound.

  • Go To

Everybody knows the threat is empty but the parent must wait and see whether the errant child pretends to buckle or looks up with derision and carries on with their mischief.

Europe's mildly dysfunctional first couple, German Chancellor Angela Merkel and French President Nicolas Sarkozy, finally lost the rag on Wednesday when they threatened Greece with banishment from the euro -- a threat so extreme that deep down they knew implementation was impossible.

Please sign in or register with Independent.ie for free access to Opinions.

Sign In

Read More

Don't Miss

Editor's Choice