Comments from economist Thierry Apoteker, chairman of European think-tank TAC Economics:

"Greece is now running a primary deficit. If it defaults on its debt now, its treasury bills will also become worthless and then next month, the government will have to tell pensioners and civil servants that they will not get paid, which is suicidal for a left-lean government. I believe a deal is inevitable simply because they don't have a choice."

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Let the charade continue, then