Friday 2 December 2016

Vultures are already circling Athens now the Troika is in charge

Published 14/07/2015 | 02:30

People demonstrate in front of the stairs leading to the Greek parliament in Athens during an anti-EU demonstration in Athens calling for a 'NO' to any agreement with the creditors on July 13, 2015. Eurozone leaders struck a deal Monday on a bailout to prevent debt-stricken Greece from crashing out of the euro, forcing Athens to push through draconian reforms in a matter of days. AFP PHOTO / ANDREAS SOLAROLOUISA GOULIAMAKI/AFP/Getty Images
People demonstrate in front of the stairs leading to the Greek parliament in Athens during an anti-EU demonstration in Athens calling for a 'NO' to any agreement with the creditors on July 13, 2015. Eurozone leaders struck a deal Monday on a bailout to prevent debt-stricken Greece from crashing out of the euro, forcing Athens to push through draconian reforms in a matter of days. AFP PHOTO / ANDREAS SOLAROLOUISA GOULIAMAKI/AFP/Getty Images

Enda Kenny left all-night talks in Brussels yesterday morning saying the experience had been "bruising" but the only one who emerged with any injuries was Greek Prime Minister Alexis Tsipras.

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Anonymous officials quoted in some media reports described the left-wing politician as a "beaten dog" - cowed into submission by the sustained assault he suffered from his supposed colleagues. Now that he has been put on a leash and has finally started to obey commands, Merkel and her compatriots are a bit more upbeat about the prospect of Greece staying in the eurozone.

Just in case anyone was in any doubt about the extent of Greece's capitulation, Merkel was explicit at a press conference yesterday that eurozone leaders "made clear that a nominal haircut is ruled out". It was not enough that she won; she wanted to rub her victory in his face. Her performance was reminiscent of a boxer knocking out an opponent - then dousing him with water to wake him up so she can hit him again. Over and over.

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