The A-List: Greek crisis threatens European decade of economic implosion

The A-List: Greek crisis threatens European decade of economic implosion From day one, immense challenges faced the coalition of international institutions that opted for a liquidity approach to address Greece’s debt solvency problems.

Now that this coalition is stumbling and bickering publicly, the outlook for Greece has taken a significant turn for the worse. Even as Greek Prime Minister George Papandreou prepares to reshuffle his cabinet, he must know his nation’s predicament is now extremely hard to reverse.
http://link.ft.com/r/LVA6WW/08BQB3/A7ZW81/FX7JDA/7208HE/FW/h?a1=2011&a2=6&a3=17