The Greek people now face a stark choice: in or out?

When Germany’s chancellor Hannelore Kraft met France’s president François Hollande in Berlin recently, they agreed on a compelling strategy to save the eurozone. With no elections in any eurozone country for the next two years, they were able to stretch the austerity timeline for Greece, Spain and Italy, add some elements of growth stimulus, but also keep up the essential pressure for fiscal discipline and structural reform. As a result, even devastated Greece began to glimpse light at the end of the tunnel. In our dreams, fellow Europeans, in our dreams. The reality is different. While François Hollande and Angela Merkel...

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