Even if all of that is true, this Eurogroup list of demands is madness. The trending hashtag ThisIsACoup is exactly right. This goes beyond harsh into pure vindictiveness, complete destruction of national sovereignty, and no hope of relief. It is, presumably, meant to be an offer Greece can’t accept; but even so, it’s a grotesque betrayal of everything the European project was supposed to stand for.
Can anything pull Europe back from the brink?
Full text of article here – http://mobile.nytimes.com/blogs/krugman/2015/07/12/killing-the-european-project/?referrer
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About the editor:
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Bio: Francis Eric Knight Britton is an American political scientist and sustainability activist who has lived and worked in Paris since 1969. Professor of Sustainable Development, Economy and Democracy at the Institut Supérieur de Gestion (Paris), he is also MD of EcoPlan Association, an independent advisory network providing strategic counsel for government and business on policy and decision issues involving complex systems, social-technical change and sustainable development. Founding editor of World Streets, his latest book, "Better choices" focuses on the subject of environment, equity, economy and efficiency in city transport and public space, and helping governments to ask the right questions . * Current information: @ericbritton * More at: http://wp.me/PsKUY-2p7