Looks like nothing is gonna get done in Greece until March

Because nothing gets done in Greece until it has to get done.

FinMin Venizelos says that he sees the debt swap being done by mid-March…

Weren’t we lead to believe that they were making “good progress?” This sucker has been in the works since October and it is not going to be resolved until March? Are you kidding me?

Hard to be anything but bearish on Europe given the glacial pace of reform…