We all know how this Greek tragedy will end

In relation to the Greek financial situation, now that the dust has settled following the recent election, it’s interesting to observe that all the promises, threats of defaulting made by the anti austerity party Syriza are unravelling.

We observe the Greek Finance Minister, Yanis Varoufakis trekking around Europe to make his case for assistance.

At each port of call, his initially robust statements take on a softer tone.

Promises, particularly political ones, are to be taken with a health warning. And I suspect that soon, the Greeks will realise that the initial hopes raised by Syriza will one by one become unattainable.

Reality will dawn and financial facts will have to be faced - that it was the Greeks themselves who partied like there was no tomorrow and ran up the bills and debts - with little thought of the consequences.

Now ‘cap-in-hand’ Mr Varoufakis is knocking on the neighbours doors for financial assistance and whilst he may invited in for tea, it’s unlikely that he’ll return home with more than a “nice to see you - we wish we could pay your bills as you promised the Greek electorate, but unfortunately we cannot be of assistance on this occasion” - “oh, and if you want to exit the eurozone - please be quick about it!”.

As for this country, surely we have more sense than to fall for those anti-austerity election promises again? Haven’t we?

Kevin McCarthy

High Meadows

Gouldavoher

Limerick