Goldman analysis documents “adversarial” start to talks that suddenly turned into a polite affair as Greece gives up its primary bargaining chips
A Goldman Sachs research analysis published Sunday night addresses the “adversarial” relationship between Greek Finance Minister Yanis Vaaroufakis and his unwillingness to submit to the authority of European “troika” of central bankers. But what Goldman described as an initial hardline, when “confrontational assertions and actions” were met by a “frosty response” from European authorities, the mood seems to have suddenly and oddly changed, with Greece giving up its key negotiating chips.
What caused Greece to give up its negotiating chips without getting anything in return?


