The SYRIZA-Independent Greeks coalition government appears to be imploding as a result of its contradictions – not to mention the fact that the administration is now facing the harsh reality.
Cabinet ministers, members of Parliament as well as party officials do not just disagree with the kind of measures that must be implemented as soon as possible, they also consider them a sacrilege.
This kind of situation has resulted in a deficit of credibility for which the country is paying a very hefty price.
Over in the camp of the country’s partners and lenders, the hawks are using the current situation as justification to push for further demands and raise the bar for Greece’s bailout review even higher than it already is.
The kind of vicious cycle that has developed as a result of all this is a very dangerous one indeed.