Tornado Alley (PROG)

[PegnVA]

France24 - both cable TV and .com versions - do a good job of covering the process and present both sides of the story.
The impression I get from following the news from Europe is Tsipras very much wants this deal - imo, he overplayed his hand when he called for the referendum on July 5, possibly thinking the other 18 Euro nations would buckle under if he had an overwhelming victory. It didn't work that way, and now the good people of Greece will be forced to accept a more draconian bailout deal.
Other than an increase in retirement age to 67 (from 64?) and a penalty for early retirement, cutting the defense budget by (?), and ending certain tax benefits, I don't know many details of the new plan. It would be helpful if Greece formulated a real plan to collect property taxes and stuck to it - Greece needs a REAL Land Recovery plan.
Apparently the poorer nations in the club of 19 are objecting the loudest to giving Greece a THIRD bailout loan, but they probably don't have much clout.
Should the Greek parliament refuse to go along with Tsipras' deal because its political and economic suicide, maybe leaving the euro and bringing back the drachma is Greece's best hope to recover - eventually. There are no easy solutions, but Tsipras will probably get his plan approved - and as usual, the little guy in Greece will suffer.