COTTonLINE has been following the conflict between Greece and the euro zone. When we last looked at the situation an agreement had been reached but it was unclear who gave in to whom.
Now we know the answer - the euro zone yielded little, Greece caved in to their demands. See a New York Times story for details.
One wonders how the Greek electorate will view the ruling Syriza Party's betrayal of its very recent campaign promise to dump austerity, regardless. Since only weeks have elapsed, Syriza can hardly claim the circumstances have changed dramatically. My guess: Greek voters will be furious.
