Thursday, March 19, 2015

Greece Is Not Just a Teenager, But a Difficult One At That

Remember that post from a few weeks back that everybody pays back the IMF eventually?

Catch this:
International Monetary Fund officials told their euro-area colleagues that Greece is the most unhelpful country the organization has dealt with in its 70-year history, according to two people familiar with the talks.
In a short and bad-tempered conference call on Tuesday, officials from the IMF, the European Central Bank and the European Commission complained that Greek officials aren’t adhering to a bailout extension deal reached in February or cooperating with creditors ...
This kind of points towards a conclusion that Syriza's worldview is that because they've chosen to wear white hats that this makes the other guys bad. There's a lot of window dressing on it, but at the core that may be what's going on here.

Via Marginal Revolution.

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