Souring sentiment
The prevailing international sentiment toward Greece and the Greek government in particular is cause for serious concern and it is deteriorating even further with every day that goes by.
The fact that major newspapers and other medial outlets, as well as esteemed analysts appear increasingly certain of a Greek exit from the eurozone is nothing to be taken lightly.
The international markets are also starting to taek this possibility as a given and bracing for the fallout from a Greek default.
All of this could turn into a devastating self-fulfilling prophecy at the drop of a hat unless something gives, and fast.
Athens and Greece’s creditors – the European Commission, European Central Bank and International Monetary Fund – need to get the negotiations wrapped up and come to an agreement that is acceptable to both sides.
This long delay in sealing a deal is doing a lot of damage and nothing good will come of dragging it out further.