COMMENT

Transparent solutions

It would be a wise move for our European partners and the International Monetary Fund to reach a realistic, comprehensive and immediate solution with regard to Greece’s debt today.

The Greek government has defied all expectations and carried out a large part of its commitments and obligations.

If the decision for the release of the next tranche of bailout funding is not reached today and no substantial signs of support are shown for the Greek economy, the country will inevitably enter an extended period of instability and sink even deeper financially.

While the people comprehend the painful decisions and measures taken, and are showing a great deal of maturity, they are also running low on patience.

What the country needs right now are is transparent decisions that will make the risk of instability and a Greek exit from the common currency go away so that things can get moving in the real economy once again.

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