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If we look at the whole process, yes.

However, last week the eurogroup looked ready to play hardball, and then they accept this program which is much better then what sounded accetable to the eurogroup last week.

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by A swedish kind of death on Wed Feb 25th, 2015 at 05:13:38 AM EST
[ Parent ]
Varoufakis still has his work cut for him balancing the books, though.

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 Wed Feb 25th, 2015 at 05:24:54 AM EST
[ Parent ]
If there are actual books to balance, that would be a bonus.
by Upstate NY on Wed Feb 25th, 2015 at 09:33:57 AM EST
[ Parent ]
And if there are not what does that say about the 'oversight' of the Troika?

"It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Thu Feb 26th, 2015 at 04:01:05 PM EST
[ Parent ]
The Troika doesn't have oversight.

The Troika is the oversight.

by ThatBritGuy (thatbritguy (at) googlemail.com) on Thu Feb 26th, 2015 at 04:55:46 PM EST
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Guess it would mean "The Troika don't need no stinkin books!"

"It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Thu Feb 26th, 2015 at 05:49:42 PM EST
[ Parent ]
The revealed preference was to accommodate. The rhetoric was to force a choice by Greece, the actual consequences of which even Merkel was unwilling to test. Blinked.

"It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Wed Feb 25th, 2015 at 12:49:22 PM EST
[ Parent ]

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