OPINION

Failure is not an option

It has become abundantly clear that the future of Greece is hanging by a mere thread.

Yesterday, Parliament passed a raft of economic measures — the midterm austerity program — and averted default for now. The government also has a new leadership in the Finance Ministry and is supposedly aware of the fact that it has absolutely no room to prevaricate and certainly not to fail.

If Premier George Papandreou and his Finance Minister Evangelos Venizelos do not grab this final opportunity to save the country and fail to push ahead with the reforms program and serious cuts in state spending, they will find themselves and the country in an explosive state of no return by autumn.

As far as opposition leader Antonis Samaras is concerned, we expect him to vote in favor of a number of painful but crucial reforms in Parliament today.

The chaos in the center of Athens yesterday shows us how dark the abyss can be and just how fast the country can tumble down into it. It is the responsibility of our political leaders to keep Greece standing and to ward off bankruptcy or more widespread chaos.