[Osem]

I've heard a few commentators saying that this deal has as much to do with saving Sarkozy's job than anything else and I tend to agree. The Eurocrats in Chief just can't seem to accept that this thing cannot work in its current form and they're chucking yet more money at it in order to save face. The Greeks are in between a rock and a hard place but I tend to think the shorter term extreme pain of default would be better than the slow and painful torture they're going to suffer at the hands of the German/French led troika.