So, there is no hope of returning to Rydell High? :O:

http://www.thetimes.co.uk/tto/multim...06_219763b.jpg

Tsipras has offered further concessions less than an hour ago but Angela Merkel, said no new bailout talks would be possible before Greece holds a referendum on Sunday, that will ask Greeks if they want to accept their creditors' proposals.

Looks like the EU are getting fed up with it all and are towing a unified hard line.

http://www.bbc.co.uk/news/world-europe-33345219

Well, that puts things in a totally different light....er, ignore my previous opinions on the subject :doh:

Another good article about the issue
http://www.reuters.com/article/2015/...0PB4QK20150701


PS: What exactly is "austerity"? Is there a set of rules or standards?

Gee what would we poor illiterate Americans do without you British around to correct our potential spelling mistakes. :)

control freaks to the end

You Brits have funny haircuts! :haha:

funny lookin Brit mime

I think that guy's a Russian. But he could be a Soviet.

Don't confuse them. :O:

Technically he's a corpse now, but let's not complicate matters. :O:

The simplest answer I can think of is 'Strict Economy' and to what level of severity depends on each countries applied measures.

Withe the Greek referendum due this Sunday I've a feeling Tsipras is running out of options, especially if the population go against his plea in a televised speech asking them to vote 'no'.

Either way, next week should give us all a much clearer picture as to which way this situation is going to end up.

http://www.bbc.co.uk/news/world-europe-33314442

I think it's going to be closer than a lot of people think, there has been definitely an undercurrent of opposition to Tsipras which has grown a fair bit in recent weeks. His statement that he will resign with a 'Yes' vote is another shrewd political move, he doesn't want to be seen as the politician that was voted to power on a non-austerity platform and then was forced to implement austerity anyway.
I'll give the guy his dues, he sticks to his guns, more so than most western politicians.

He actually doesn't. At first he said he would stay in power and enforce the result of the election no matter which way it would go. Later then he said he would step down if he loses that election. According to Martin Schulz (president of the European parliament) he has been known to change his opinion quite often.