Greek voters gave Alexis Tsipras’s Syriza party a mandate to force a new deal from the rest of the euro area. Without the backing of savers, he’ll struggle to deliver. As their prime minister went toe-to-toe with the German government over the terms of a new aid package, Greeks yanked their cash from the banking system, some delayed tax payments and, by putting off spending and investing in the run-up to the election, they tipped the economy back toward recession. The financial squeeze leaves Tsipras little room to maneuver in the face of German demands. Tsipras’s finance chief, Yanis Varoufakis, heads to Brussels on ... (full story)