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Wolfgang Münchau:

Greece's brutal creditors have demolished the eurozone project - FT.com

On Saturday, Wolfgang Schäuble, finance minister, insisted on a time-limited exit -- a "timeout" as he called it.

I have heard quite a few crazy proposals in my time, and this one is right up there. A member state pushed for the expulsion of another. This was the real coup over the weekend: not only regime change in Greece, but also regime change in the eurozone.

by Bernard (bernard) on Thu Jul 16th, 2015 at 12:46:24 PM EST
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