Europe's leaders are often accused of having learned nothing from the euro crisis. But if the run-up to Greece's election on January 25th has proved anything, it is that politicians have become masters in the dark arts of expectation management. Syr-iza, a far-left party which polls suggest is likely to win, tells voters it will end the era of austerity, while assuring German taxpayers that it seeks no quarrel with them. German officials quietly tell reporters they are prepared to see Greece leave the euro, while professing the opposite in public. Any vaguely relevant remark by a European Union politician is multiply parsed for subtext or double meaning. Greeks may be forgiven for thinking they need a degree in game theory to decide how to vote.
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