Greece has avoided default, for the time being. However, over the next three years, the country will remain under the watchful eye of the International Monetary Fund and the European Union as Athens will not be able to borrow money from the markets. The rules that Greece will be subject to will be strict. But the only alternative option is bankruptcy. The Socialist government of George Papandreou must explain the situation to the people and provide the details of the three-year program that Parliament will have to vote on. After that, the nation’s various parties will have to face up to their responsibilities. Papandreou will have to set up a team to oversee the full implementation of the program and help to restore the country’s credibility. Antonis Samaras, the conservative opposition leader, must live up to expectations and maintain a responsible stance. Finally, the unions as well as society must realize the need for change and accept that this really is our last chance to tidy up the mess and become a normal European state.