In the tempest of a fast moving market; not everyone is happy.
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Ten days that shook the euro; how Greece came to the brink
The "rock star" took on the rock. And the rock won. Germany's Wolfgang Schaeuble, the "immovable object" in the words of one economist, stopped Greece's charismatic new finance minister Yanis Varoufakis in his tracks, forcing Athens to extend a bailout program on Friday on terms its government was just elected to get out of. It was not just German opposition. The new Greek found itself without a single firm ally among 18 euro zone peers in its drive to reverse austerity and renegotiate its debt pile. The 10 days it took to strike a deal featured a shambolic round of U-turns, leaked drafts and personal slights ... (full story)
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