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Yes, a good article. But it is noteworthy that Angela Merkel seems to have understood the No vote better than anyone else. The Greeks are attached to their democracy and self determination (they have a long and bloody history fighting for their elefteria), but this is incompatible with euro membership. Euro membership entails the surrender of a nation's own self-determination and a pooling of sovereignty with the voters of 18 others. The No voters put their own democratic sovereignty above the club's. In doing so they committed to 'out'. Ms Merkel had 'got it' and knows that this can't be smothered with Hollandaise sauce.