In search of a Greek hero

Solving Greece's current budget woes will require a Herculean effort to prise the nation from the eurozone, in order to allow a ‘default and devalue’ strategy.

More violence in the streets, more political acrimony in parliament, more austerity measures demanded by the international community. It’s Groundhog Day again for Greece, or rather – and in keeping with its mythology – it is a Sisyphus experience. Greece, just like the fabled king, has to pay the price for its past sins. And just like Sisyphus, it is caught in an endless sequence of mindless and eventually futile tasks.

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