Suppose for a moment that the European Union gets what it's demanding from Greek Prime Minister Alexis Tsipras. It doesn't look as though that will happen, but let's imagine that Tsipras surrenders. How long, I'm wondering, would this smell like victory?
Tsipras has agreed to the EU's new, less demanding targets for Greece's primary budget surplus over the next few years. The sticking point is that the measures he would use to hit those targets aren't enough.