The Europhiles are celebrating the fact that creditors have agreed to work on new structural reforms in order to be able to provide Greece with more bailout money (7bn euros are needed in the short term).
However, what the Europhiles are ignoring in their celebration is the fact that the creditors are in no rush and don't expect any meaningful conclusion (one way or another) before summer.
One way or another Greece will sink the euro ship of state.
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