Greece defiant as Germany tears up last-ditch EMU compromise on austerity
“Syriza have made a lot of mistakes and there isn’t much sympathy for them in the Eurogroup,” said Simon Tilford, at the Centre for European Reform. “But at the same time frustration is increasing at the intransigence of the Germans. Not every country is relaxed at the prospect of Greece being ejected from the euro. That would be the start of the real political crisis in Europe, not the end of it.”