Citigroup: Here's Our Five-Step Plan to Solve the Greek Crisis
Willem Buiter goes to Brussels
Alexis Tsipras, says it's ok. We have a four-step plan.
Photographer: Yorgos Karahalis/Bloomberg *** Local Caption *** Alexis Tsipras; Nikos PappasThis article is for subscribers only.
For six years the Greek crisis has unfolded in a predictable pattern: Greece needs money. Euro area leaders don't want to give it to them without imposing tough conditions. Brinkmanship ensues, followed by some sort of ineffectual compromise.
And repeat.