Reality check for Athens

Reality has come along as it inevitably does to bring Athens back to Earth and to realize that there is no room in the European Union family for members making outlandish demands such as a complete renegotiation of Greece?s bailout program.

It seems, though, that not all of our political leaders have understood that the country will never regain its credibility unless Parliament respects its committments; whether they like it or not, Athens has signed the two memorandums.

Athens can belong to the club of southern European nations that are sitting down at the negotiating table on equal terms with all their peers after showing that it is willing to push through reforms and slash public spending. What it needs to do within the next few months is jumpstart the sell-off of state assets, close defunct state services and reduce labor costs in other parts of the state, and overhaul the tax collection mechanism, if it wants to be safe in the autumn.

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