In exchange for the package, which could amount to as much as €86 billion ($95 billion) over three years, Mr Tsipras has had to sign up to precisely the sort of demands his Syriza party railed against during its successful election campaign in January. The proposals in a compromise deal offered by Mr Tsipras the previous week, most of which were overwhelmingly rejected by Greek voters in a referendum a few days earlier, mark just the beginning of the new deal. Those pledges, on matters like VAT and pension reform, must be legislated by the Greek parliament no later than July 15th. A week later further legislation must follow, including a total overhaul of Greece’s judicial system.
But that is just the start...
One failing of Europe after WWI was a lack of empathy for the German people. The Greeks did not invade France.