The Great Debate UK
from Hugo Dixon:
Athens has struggled to get its euro zone creditors to talk about debt relief. That is because it is not the most urgent issue facing Greece. A short-term cash crunch could trigger bankruptcy in the next few weeks. But if the negotiators resolve the immediate crisis – and the omens don’t look good - debt relief should come onto the table.
from The Great Debate:
“I looked into Mr. Putin’s eyes,” Senator John McCain (R-Ariz.) joked after meeting Russian President Vladimir Putin, “and I saw three things: a ‘K’ and a ‘G’ and a ‘B.’”
Additional reporting and writing by Kevin Allison. The authors are Reuters Breakingviews columnists. The opinions expressed are their own.