Lest we not forget that black hole in the Med.

At the end of June greek government debt stood at €322.4bn vs €320.4bn at the end of March. Financial support mechanism loans (trucks of cash for short) made up €219.7bn of the debt vs €211.9bn to the end of March.

Although there are signs that the Greek recession is slowing they will have this debt millstone around their neck for decades.