The main thing I note is that this is a 4 month deal, and it contains enough ambiguous statements that most of the SYRIZA parliamentary team can give an OK to it (I think) AND pass from the Eurogroup. The SYRIZA government has gained precious and much needed time.

Otherwise I think it qualifies as the first small step back by the Europowers that be on their austerity offensive, and the first time in recent years that a Greek government manages to be the principal author (however constrained) of its own policies. In this light the Feb. 20 agreement acquires a different significance. Probably. Any thoughts?

The road of excess leads to the palace of wisdom - William Blake