A controversial strategy. It's no use trying to make excuses. Europe's failure to make a decision this week on further support to Greece is not due to the drama involving the director-general of the IMF but to a number of divergences between eurozone countries, particularly with regard to the question of what additional measures Athens will have to implement in order to put into practice its commitment to re-establishing budgetary balance. These measures have to be clarified. The EU decision...