Hard choices have yet to be faced on Greece
All that was missing from the declaration of "peace in our time" regarding a "settlement" on the Greek economy was the little man in the bowler hat, waving the white piece of paper.
Would that it were true. But the claims that this is an enduring agreement capable of securing economic stability are not quite convincing.
More likely, the EU has put a smokescreen in place and the fundamental fault lines that still bedevil the eurozone remain. The targets that come with the €86n bailout have been branded as "fantasy" and "utterly unachievable" by economists.