Time for straight talk

European Union leaders meeting at a two-day summit in Brussels on Friday secured a historic agreement to hammer out a new treaty for deeper economic integration.

This agreement must be explained to the Greek people without any niceties.

If nothing else, the deal reached at the EU summit leaves no doubt as to what debt-wracked Greece needs to do in order to remain in the common currency area: The government must pursue a tougher budget discipline regime and make sure the country?s debt does not exceed specific limits.

It is in other words clear what the current provisional government, the next government or in fact any other Greek government will have to do if eurozone membership remains a central national policy.

Greece?s responsible parties must explain the implications of this strategy to the people in order to receive the necessary backing in the crucial and difficult months ahead.

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