Open Europe - Ten Great Questions Regarding Greece ! State of Play In Europe This Morn !

http://www.openeurope.org.uk/Content/Documents/Pdfs/Greecetenquestions.pdf

Read the entire Briefer , but here is a sample from the Telegraph live blog......

Will the Greek centre hold? Although the EU/IMF/ECB troika has finally managed to pressure former Greek Prime Minister George Papandreou and the leader of centre-right New Democracy party Antonis Samaras into providing written commitments to uphold the austerity plans should either win April’s general election, doubts remain over the strength and the actual relevance of the commitment sought by Greece's public lenders.

Speaking of whether Greece can really pull off what's promising , note the goals continue to slip away....

11.55 Greece will fall well short of debt reduction targets for its second bail-out, eurozone government sources say.

A senior official told AFP that a report given to eurozone finance ministers shows Greece's total public debt would only fall to 129pc of GDP, instead of the 120pc target set by the EU and IMF to secure the €230bn bail-out.

Another official said that there could be compromise "within a couple of percentage points". A source within a third government stressed that the original target agreed "is still valid for us."

Meanwhile the AAA Bloc keep piling the pressure on and moving ball as Lucy always yanked the ball away from poor ole Charlie Brown ....

12.23 Greece must choose between economic reform and leaving the euro, says Luxembourg's finance minister. Luc Frieden told reporters he was "relatively optimistic" eurozone finance ministers will decide on a stalled €230bn bail-out on Monday but warned more steps are needed:

The Greek authorities must implement these measures, but since taxpayer money from other states is involved, it is in a partnership that we must ensure that they are implemented. I don't agree that the Greeks do it on their own. We must do it with the Greeks, with an efficient surveillance system.

We all have an interest in keeping the eurozone intact, but we are not in a dictatorial monetary union. A state is free to choose to leave. If a member state says, 'we prefer not to take money from other states and return to a national currency without making structural reforms,' then that state has chosen to exclude itself. It is therefore the responsibility of the Greek people to choose whether they want to stay in the eurozone.

^{Eurozone's fate in their hands: (from left) Luc Frieden, German Finance Minister Wolfgang Schaeuble, Dutch Finance Minister Jan Kees and Austrian Finance Minister Maria Fekter.}