A Greek deal built on betrayal and cruelty

The deal agreed between Greece and its creditors has no shortage of critics, reports Matthew Partridge.

The eurozone is "turning into a hospice, and the dying patient is democratic self-government", writes Boris Johnson in The Daily Telegraph, in the wake of the Monday morning deal between Greece and its creditors, which saw Germany's "breathtaking" demands largely adopted.

The Greeks should really tell the German finance minister, Wolfgang Schuble, "to get stuffed". But the trouble is that they "don't really trust themselves any more than Schuble does to run their own affairs". As a result, "the agony will go on, with endless deadlines and fudges and semi-disguised bailouts".

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Dr Matthew Partridge
Shares editor, MoneyWeek

Matthew graduated from the University of Durham in 2004; he then gained an MSc, followed by a PhD at the London School of Economics.

He has previously written for a wide range of publications, including the Guardian and the Economist, and also helped to run a newsletter on terrorism. He has spent time at Lehman Brothers, Citigroup and the consultancy Lombard Street Research.

Matthew is the author of Superinvestors: Lessons from the greatest investors in history, published by Harriman House, which has been translated into several languages. His second book, Investing Explained: The Accessible Guide to Building an Investment Portfolio, is published by Kogan Page.

As senior writer, he writes the shares and politics & economics pages, as well as weekly Blowing It and Great Frauds in History columns He also writes a fortnightly reviews page and trading tips, as well as regular cover stories and multi-page investment focus features.

Follow Matthew on Twitter: @DrMatthewPartri