Distrust of Athens making Brussels blind

The special meeting of Eurozone finance ministers planned for today, Wednesday, has been cancelled by Eurogroup President Jean-Claude Juncker on the grounds that Greece has not yet fulfilled all conditions for receiving a second bailout package. Taking such a hard line is absolute madness, the business paper Il Sole 24 Ore writes. "Are we being too hard on Greece? Europe is beginning to have doubts. However the negative stance of Germany and the EU Commission will brook no challenge. The new conditions for receiving the 130 billion rescue package are indispensable. The revolts in Athens and the desperation of the people are having little impact on the virtuous citizens of the North. The clash between the blind intransigence of certain parties and the gigantic sacrifices being demanded of the Greeks without further delay has not triggered a short circuit yet - but it may not be long in coming. For now, it's just a meeting that has been cancelled. But the time left for preventing a catastrophe has almost run out."     

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