No heroes in a Greek war

Greece is struggling to mollify both its debtors and lenders and at some point, the country may be tempted to wonder if the battle is worth it.

Greece’s caretaker prime minister, Lucas Papademos, is facing a brutal battle on two fronts in the next few days as he tries to keep the debt-strapped country from lurching into bankruptcy.

His first battle is with the troika – representatives from the International Monetary Fund, the European Union and the European Central Bank – over the country’s second €130 billion bailout ($US168 billion) which was agreed late last October.


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