Excerpt:
[...] Far from expressing any desire to compromise, dominant voices among the creditors -- notably German Finance Minister Wolfgang Schaeuble, who often seemed to be calling the shots -- have maintained throughout that there is nothing to discuss. The program already in place had to be completed, and that was that.
Yes, the program had failed. No, it wouldn't achieve debt sustainability. Absolutely, it was pointlessly grinding down Greek living standards even further. What did that have to do with it? [...]
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