I am introducing a new section entitled ‘Grexit Daily News’ where I will post the most important event of the last day in this slow motion car-crash that is the Greek Crisis.
11 June 2015
The shocking event of yesterday was the departure of the IMF from the technical talks. This would be funny if it were not tragic, because it constitutes another instance of the Troika calling Syriza’s bluff.
As with the talk of referendum that ended unceremoniously when none other than Schaeuble declared it a brilliant idea (see here), the roaring of Syriza of the last few days that Greece should withdraw from negotiations, pull any compromise offers and reinstate the ‘Thessaloniki Programme’ as its proposal, ended abruptly when last night the IMF packed its bags and went home.
This is a little like a driver who goes into a rage when someone cuts them off, steps out of the car yelling “come out if you are a man”, for him to panic when the other guy does come out.
What another sad instance when Tsipras gets trapped in his own blackmail. I continue to despair.