As this little story suggests, the Greek crisis has hardly shown the European Union at its most coherent. One reason has been denial. In January the German government was “not considering” financial aid to help Greece out of its budgetary hole. At an EU summit in February, the German chancellor, Angela Merkel, agreed that countries of the euro area should take “determined and co-ordinated action” to defend Greece, but blocked discussions of what that meant (and opposed any role for the IMF).

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