Greece Flails About, Troika Inspectors Paint "Awful Picture," Merkel Draws A Line, German Industry & Voters Back Her: It's Almost Over For Greece

Apparently, it was even worse. Elements of their preliminary and still unpublished report due by the end of July seeped out: it painted an "awful picture"; of the 300 specific measures to be implemented by now, 210 were completely ignored and left by the wayside. This is the report that the Troika will use in deciding whether or not to send the next bailout tranche to Greece. And without this money, Greece will have to default and most likely exit the Eurozone.