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There's a graph doing the rounds today (which I now can't find) which is stark in its illustration of the contraction of the Greek economy. Spain, Italy, Portugal and Ireland have had their struggles but it isn't even half as bad as what the Greeks have been through. I'm shocked they made it...

Saved from what though? Repay what and to whom?

A fudge would suit quite a few in Europe, I reckon. Might it be used as a catalyst for talks around real change in Europe? I can see other countries getting a bit of what Greece is getting, whilst the net contributors will be after some tradeable concessions. Might this end up being the...