Quote of the day

Are we reaching the end of the line?  Or is a twelfth hour deal on the cards?  The Guardian speculates:

So what might the deal look like? The usual can-kicking exercise, in all likelihood. In Brussels, the talk is of Greece being prepared to offer some compromises on pensions and tax in exchange for enough money to meet its immediate needs, along with the promise of debt relief later provided it sticks to its reform programme. This would resolve little. Greece’s economy will continue to struggle, the government will go slow on reform, and its bailout money will be depleted. Tickets for the new autumn production of the drama will shortly be going on sale.