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You reply to a report from February 20 with a news story from February 10, which is rather unhelpful. What happened here was that 10 days after the ECB declared Greek sovereign debt ineligible for refinancing, Draghi went to the Eurogroup and banged a few heads together to avert an immediate Greek bank meltdown and a soft Grexit, which apparently some of the finance ministers were pining for.

A society committed to the notion that government is always bad will have bad government. And it doesn't have to be that way. — Paul Krugman
by Carrie (migeru at eurotrib dot com) on Sun Feb 22nd, 2015 at 01:48:44 PM EST
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