In a shocking affront to democracy and freedom of speech, Greek prosecutors have ordered the immediate arrest of journalist Kostas Vaxevanis. This comes after the publication of the so-called "Lagarde List," containing the names of 1,991 Greeks with Swiss bank accounts.
It will surely be a torrid summer of uncertainty and speculation. With Spain receiving bailout funds and Cyprus and Italy next in line, the question of whether the avoidance of a Greek exit was even relevant in the longer term has yet to be determined.
Figures from the German, French and eurozone-wide services and manufacturing sectors almost all disappointed, suggesting that the eurozone's avoidance of economic contraction in Q1 will prove temporary.
Greeks must decide to stay or go. Perhaps that is why it failed to come before the people. Perhaps that is why, when on May 6 the election was played out in a way that minimized the literal and more important question -- "Do you want to adopt the new agreement?" -- it failed again.