There is just one solution

The government needs to come to terms with reality. Negotiations with the eurozone have basically come to an end and our creditors have indicated that there will be no more discussions and opportunities.

Prime Minister Alexis Tsipras must take on whatever political cost there is, perhaps even clash with certain members of his party, and move on with implementing Greek pledges. The economy cannot bear a single extra day of uncertainty. Money is running out. Tsipras must explain the truth to the people and take swift decisions. The worst mistake right now would be for him to make enemies inside or outside Greece. A witch hunt or a turn to isolationist patriotism will prove fruitless. The only way out is to reach an understanding, to win back our allies and take advantage of the opportunities of quantitative easing and a low euro.

The powers behind the drachma will put up a fight in order not to miss their chance. All those who believe in an outward-looking Greece within the eurozone must defend this prospect and prevent a collapse.

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