Contagion of a different kind as Greece wriggles off the hook
The clear winner in the Greek crisis is the author of The Little Book of Negotiating Clichés, whose royalties must have been pouring in as the clock ticked towards midnight while European leaders took positive steps back from the brink and found themselves speaking the same language, perhaps because they were reading from the same page. But assuming this predictable dance results in terms that Prime Minister Tsipras can persuade his comrades to accept before the IMF’s default deadline and the moment when the Greek banking system can no longer seek life-support from the European Central Bank — which is all still quite a big assumption — who will be