The day after the night before - where do Greece and Europe stand after the referendum?

Eurogroup finance ministers meeting (photo:dpa)
Eurogroup finance ministers meeting (photo:dpa)

The Greek referendum on the EU bailout plan changed less than might have been expected. European leaders continue to bend over backwards to accommodate the Greeks while turning a blind eye to the reality of Greek toxic debt. What’s more, there is a danger that in so doing, other more serious matters, such as Ukraine and the rise of ISIS, are being dangerously overlooked.

Summary

<i>Most people thought that the Greek referendum would have brought the Greek crisis to a turning point: structural reforms or Grexit. Yet, a week after the Greek voters rejected the reform programme, the negotiators from Athens were still talking to Brussels in order to obtain ext...

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