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Panic and uncertainty in Greece shows its struggling leaders have lost all credibility

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Greek Prime Minister Alexis Tsipras delivers a speech during a parliamentary session in Athens

Greek Prime Minister Alexis Tsipras delivers a speech during a parliamentary session in Athens

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EU leaders

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Greek Prime Minister Alexis Tsipras delivers a speech during a parliamentary session in Athens

Because of its classical past as the founder of democracy, Greece was treated more tolerantly than other countries would have been when, during the 19th century, it defaulted several times on its commercial creditors.

That history created bad habits. Now its creditors are the taxpayers of other countries, who are less tolerant and less conscious of their intellectual debt to Plato and Socrates.


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