The rollercoaster ride that is the Greek euro crisis continues.
Euro finance ministers were poised to meet later today in Brussels — their third meeting in just over a week — to agree on a response to Greece’s latest proposal to end the euro crisis.
There had been near elation a day earlier after Athens seemed to have finally capitulated and applied for an extension to the bailout program. But things quickly turned sour when Germany flatly rejected the Greek offer.
At the beginning of the week it appeared to be the Greek finance minister, Yanis Varoufakis, who looked isolated. But today’s meeting could turn the tables and see Germany’s finance minister, Wolfgang Schäuble, cut a lone figure.