Comment Re:EU is #1, Euro zone is #2 (Score 1) 3
I think they won't be able to offer anything more than the usual claptrap of "solidarity", "holding the ranks", "strong support", etc., etc.
Things are not that bad yet. Even if they would have agreed on a bail-out behind the scenes, it would be foolish to announce it. It is an enormous moral hazard. And it will become a self-fulfilling prophecy, the Greeks are already on strike, even a whiff of of a bail-out will destroy any will to face the challenges of austerity imposed from outside. They will simply strike on until they get the bail-out money, provided they know there will be such a thing.