BBC News
February 10, 2012
Greek leaders thought they had fulfilled their side of the bargain, yesterday, hammering out 3bn euros in extra budget cuts to qualify for their next round of international loans.
But at the meeting of eurozone finance ministers on Thursday, frustration at Greek foot-dragging seems to have won the day.
Those same politicians have now been told they have three days to come up with a bit more budget pain. And they have to all promise (in blood?) that they will stick with the programme, no matter what the voters might say in April.
International bailouts - and the debt crises leading up to them - are always pretty painful to watch.
You wouldn't look very dignified either, jumping through hoops for your bank manager, with your back firmly against the wall (mixed metaphor intended).
This unedifying sight, George Osborne would say, is why you never want to borrow more than you can afford to repay - or lose the confidence of international investors. Leaders of countries who have been through it would all agree.
But the subjugation of the Greeks is starting to look extreme, even by these standards.
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