This is the conclusion to this morning's FT editorial on Greece, with which I agree:
The Greek people should not be plunged deeper into the abyss to punish the blunders of their rulers.
Whatever condemnation should be heaped upon Mr Tsipras pales next to the blame Greece’s creditors would earn if they now reject this final capitulation. Greece is a society on its knees, its economy in ruins and its people in need of humanitarian aid. Now is the time to help it rebuild, not force it to grovel lower.
Germany stands condemned.
And rightly so.