Europe Needs to Cross Its Red Lines on Greece

Deal will fail without flexibility from creditors.

No longer unthinkable.

Photographer: Andreas Solaro/AFP/Getty Images

Having "persuaded" Greek Prime Minister Alexis Tsipras to violate many of his Syriza party's red lines on austerity and privatization, the country's creditors must now breach some red lines of their own to assemble the financing Greece needs to carry out its policy reforms.

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