OPINION

Greece needs allies and friends

Greece is in an exceptionally difficult position – between the proverbial rock and a hard place. It’s credibility among international markets has sunk to an all-time low. And it may sink even further if things continue the way they are. Given the seriousness of the situation, George Papandreou’s Socialist government really has better things to do than attempt to settle ideological differences with the president of the European Commission, Jose Manuel Barroso, along with other European Union officials. For better or for worse, Greece needs the crucial support of its European partners to overcome the country’s huge difficulties in public borrowing as well at in its struggle to bring the buget deficit under control. Both of these mammoth tasks will require tough negotiations that must be carried out without lapsing into sensationalist slogans. We need all the friends we may still have in key posts as well as strong steady alliances for the crucial days that lie ahead.