To be fair, Papandreou tried to play down his moment of glory last Friday — and continued to do so over the ensuing days — by arguing that securing the second package, worth 159 billion euros, had been a “success that belongs to all Greeks.” Nevertheless, painting the deal as a success at a time when the effects of the debt crisis are being felt far and wide and when the worst is still to come seems not just premature but immature. Greece is still tiptoeing along the precipice — it’s no time to break out into song and dance.
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