The new government under Mr. Tsipras is clearly under tremendous pressure from Europa, especially the more powerful countries, with Germany dominating behind the scenes, via the influence it exerts on Brussels and Frankfurt.
The European Central Bank’s decision is indicating over the pressure and intentions.
Moscovici’s ultimatum for coming to an agreement by the next Eurogroup session also shows how limited time is.
The fact that Hollande and Renzi justified Draghi’s decision proves that there are no real supporters of the Greek positions.
Nobody is willing to support Greece against the German hegemony, for many reasons.
After the public clash between Schäuble and Varoufakis one gets the impression that the Europeans are more or less demanding the unconditional surrender of the new Greek government, specifically within a tight deadline.
The Greek government though appears calm, is not easily startled and does not seem to be dominated by a great worry.
Some claim that the new government is not aware of European rules and procedures, and is in danger of being drawn into a maelstrom of staggering developments.
Others estimate that the policy statements will determine the developments.
If these statements include the skeleton of a sufficient financial program, then a window of opportunity for an agreement will open.
All that remains is for Mr. Tsipras to clear things up.
He has the opportunity and the responsibility of the country.
The clash truly may be in preparation of a compromise, but it also demands an evaluation of the circumstances and a quick reaction.
For better or for worse there is not much time left, more so when the others have coordinated against us.
TO VIMA
