Greece, the sovereign state, is no more. The last desperate effort to fight the banks died and now the Greek people will be crushed under the banker boot.
Did the Greeks make their bed? Yes. Did the banks entice the Greeks into bed? Yes.
The Germans got the beaches and islands they wanted so good news! Klaus and Gretta will still be able to get a sunburn next year while on holiday. Maybe while staying at a nice walled and guarded villa.
So the Troika makes it clear that countries under a bailout, such as a Greece was and is about to be indefinitely again, democracy is finished and the country becomes a sovereign ward of a few unelected bureaucrats, and the Greek “prime minister” who also just admitted he is now nothing but a puppet of Greece’s new unelected leaders, is Ok with this.