Economic Suicide

Reports today are that the Greek financial crisis talks have broken down, with creditor consortium chairperson Jeroen Dijsselbloem declaring in exasperatoion its up to Greece now whether they want to accept help or not.

Greek Finance Minister Mr Varoufakis appeared to contradict himself within minutes after the meeting ended by saying he was ready to do "whatever it takes" to reach agreement, but adding that he was prepared to agree a deal under different conditions.

Greek chiefs maintain that they have a mandate from their electorate to reject austerity, and this prompts them to reject extensions of the current bailout terms. Should Messrs Tsipras and Varoufakis persist with this line as responsible leaders they would in effect be confirming the right of the Greek people to decide for economic suicide.