Greece Promises, Eurogroup Prevaricates (until 20 February)

BBC report

Reuters

and an exclusive

Guardian Business Blog on Greece (regular updates)

Bloomberg: A decision on February 20...

In Greek (in.gr)

Bloomberg Video, "Drachma would be a goldmine"

One thinks of the old English proverb, "Lend your money and lose your friend".

One explanation of the proverb: "You should not lend money to your friends; if you do, either you will have to bother your friend to repay the loan, which will make your friend resent you, or your friend will not repay the loan, which will make you resent your friend".

Greek students of English idioms and proverbs may also recall another old saying, which seems to have been adopted by some of the less friendly and more overcautious voices in the Eurozone:

"Don't throw good money after bad"

i.e.  Don't waste additional money after wasting money once.

Such pearls of folk wisdom are not much help in this day and age. We might do well to remember the old Greek proverb:  Ο ΘΑΝΑΤΟΣ ΣΟΥ Η ΖΩΗ ΜΟΥ

Kazantzides' song

Swedish saying:

Den enes bröd är den andres död!