The writer is deputy department director at OFCE Sciences Po, Paris.
Negotiations between the country, its creditors are about politics, not economics.
Private spending will resume when expectations on the future change, when the economy resumes growth.
In Greece, investment is just 35 per cent of what it was in 2007, and austerity has seriously affected the quality of education and healthcare.
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If you thought that was boring stuff, you could do well to read John Grisham in A Time to Kill, a racy thriller about a black man facing a death term for killing his daughter’s rapists, which was also made into a Hollywood film.