Wonkblog: Greece has surrendered, but Europe has lost too

At least they still get to call it "Greece."After months of deadlines gave way to last chances and more 11th-hours than you can count, the negotiations ended with Athens surrendering on--not coming to--terms set by Europe on a third bailout worth between 82 and 86 billion euros for the next three years. All they had to give up in return was everything.