EU are a bunch of fools if they think this will stand.
The Greek people are going to boot this government from office at their first opportunity. Repudiate the Debt will be the one and only issue. This deal will be dead faster than you can say Stephanopoulos.
Greek voters can dump their government. But if they repudiate their debt, no fool in his right mind will invest in Greece. Papandreou is well aware that in today’s global market, Greece’s survival is integrated with that of Europe’s. The fact of the matter is any thing else is simply not sustainable. And its not about ideology. We’re going to learn that lesson, too. A country is not too big to fail.