German Chancellor confides in intimates: ‘Tsipras and I will settle this one way or the other’
Fury in ECB, German finance ministry and eurogroupe, Juncker triumphant
Varoufakis out but not down
Although the news media are largely ignoring a major new development in the Greek debt crisis – and most of the Greek media are playing it straight as a demotion for Varoufakis – the truth is that Angela Merkel has played a bold power-stroke. She has affirmed that she alone will finalise whatever deal emerges from the Troika/Athens negotiations direct with Alexis Tsipras….in much the same way as she moved to direct talks with Vladimir Putin over the Ukraine debacle. Continue reading