Muddle along for now, but Greek default inevitable

FT.com - Markets Insight

Muddle along for now, but Greek default inevitable

As European policymakers inch their painful way towards another stopgap bail-out for Greece, a high-level debate is taking place on the nature of the country's plight http://link.ft.com/r/M2ZOXX/9Z2RP2/QFRUDM/EWAHOQ/XTPD35/VU/h?a1=2011&a2=6&a3=1