Those who saw A Very British Coup (in my view, and FWIW, one of the finest political dramas ever filmed) will be intrigued by this from Clusterstock:

The Greek Prime Minister is set to visit Russia next week in the middle of the biggest crisis in the country’s recent history. He will sit down to economic talks with his Russian counterpart Vladimir Putin and it has to be suspected that the debt crisis may be up for discussion. They’ll also be discussing military and energy policy. Could the Greek PM be trying to strike a bargain with Putin to save his troubled country? If so, this seems like a monster blow to the EU, and posibly to NATO.

Pretty unlikely, I reckon, but an entertaining piece of guesswork.

Meanwhile, we have the enjoyable opportunity to watch Angela Merkel (the person primarily responsible for pushing through the Lisbon Treaty that yoked Greece even more tightly to Germany) squirm as she tries to avoid telling her taxpayers that they are on the hook for Greece’s debts. Good luck with that, Angela. The practical reality is that, for all the tough talk and for all the evasions, the EU is now underwriting Greece. If things don’t pan out well, that could prove expensive for Germany. Then again, the alternatives are even worse.