Despite the denial of reality of the Greek population, Brussels continues to consider Greece as creditworthy 

Even after transferring at the expense of the Eurosystem billions of savings from Greek accounts abroad, neither Brussels nor Frankfurt are making a realistic assessment of the game players. Instead of waiting for the Greek population to feel the pinch of the policy approved or tolerated by them, Juncker by pure discretion makes new compromises with the Athens government. Moreover the Eurogroup receives the new finance minister with all honours although Tsakalotos refuses to bargain in a realistic manner. (Read more …)