February 17, 2012
A few months before his death, the great Greek film-maker Theodoros Angelopoulos felt compelled to admit he was scared. "I'm afraid of tomorrow," he told state television in what would be his last interview. "I read a book recently about Argentina and what happened when it went bankrupt, and it was tragic."
Greece, he feared, was also heading for economic collapse. "It'll be much worse than in Argentina, an ancient tragedy, terrifying … I am not a politician. I can't speak about solutions but this is an appeal, an appeal for something to be done."
Since Angelopoulos spoke to the cameras in May, there have been riots, cliffhanger votes and a new "national salvation" government in Athens. European Union summits have come and gone in Brussels. But Greece, the country at the centre of Europe's worst postwar crisis, has kept on moving. And not in the direction anyone would have liked.
Last week, as speculation grew over the debt-choked nation's ability to escape default next month when a €14.5bn (£12bn) loan repayment must be made, the drama entered a new act, one more frightening than any seen so far.
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