The Quiet Before The Storm
- Theodore Patsellis | PRP
- Feb 8, 2015
- 2 min read
It is truth time. On Wednesday the Eurogroup meeting will decide on Greece's request to re-open the bail-out agenda. Both camps are working extra time to prepare for what could become the Mother of all Fights in the next few weeks and months, deciding not only about the fate of Greece, but also the fate of this formation of independent States called European Union. Greece is venturing on this trip having its own agenda in mind, but somehow the interconnectivity of problems and solutions in this globalised environment may sparkle effects that neither Berlin nor the ECB or Brussels desire. The optimism shared within Greece is totally unsubstantiated, unless it is interpreted for its psychological value and for the general sense of commotion regardless of the actual outcome. It is movement for the sake of kinetic and nothing more, and it would be rather utopic to expect that much can really change. And I am saying this mostly because Greece is going "all in", in this hand while all the other players in this poker game keep their cards close to their chests, as they know that there are many more hands to follow. Only Greece is raising the bar risking to leave the table early, while everyone else is preparing for a long night. While we may act like we know what is at stake, bureaucrats in Brussels and in Washington are calculating the cost of alternative scenaria. Greece is small, Greece is the size of an infection at this moment, but could quickly transform into gangrene and cause massive amputation to the Eurozone and the Union. And the big players know that. And we know it. But the question is and remains...who will have the "better hand" on Wednesday?











































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