The International Monetary Fund's annual meeting kicks off in Washington on Friday, and while America's budget standoff will top the agenda, Greece's won't be too far down. At stake now, three and half years after Athens was made to accept its first bailout, is whether Greece will have to endure decades as a ward of its euro-zone neighbors.
That's not the story you hear in Brussels, Berlin and Frankfurt. In their tale, Greece's fiscal adjustment is on track and its economy is bottoming out. Greek banks have been recapitalized with private money, and Athens's budget is approaching an annual surplus—excluding ...
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