Alexis Tsipras's homework has been thrown back in his face

Judging by the angry red amendments all over Greece's proposals, its creditors are in no mood whatsoever to compromise

The red ink told its own story. Greece's creditors looked at the plan submitted by Alexis Tsipras to end his country's debt crisis and found it wanting. Like a teacher dealing with an obtuse pupil, the message in the revised document sent back to the Greeks was simple: this is a shoddy piece of work. Do it again.

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