Po­lit­i­cal will

Kathimerini English - - Front Page -

One hopes that the gloomy re­al­ity will scare Greece’s left­ist-led coali­tion gov­ern­ment into over­com­ing its ide­o­log­i­cal fix­a­tions and po­lit­i­cal in­hi­bi­tions that have been putting the brakes on the com­ple­tion of the sec­ond re­view of the coun­try’s third in­ter­na­tional bailout. A re­view on the bailout progress has dragged on for months and the de­lay has al­ready caused a great deal of dam­age to the Greek econ­omy. Fail­ure to com­plete the process by May, a dead­line set by sev­eral gov­ern­ment of­fi­cials, will mean that Greece will find it ex­tremely dif­fi­cult, if not im­pos­si­ble, to re­turn to growth. Mean­while Greece’s lend­ing in­sti­tu­tions will find them­selves in a very dif­fi­cult po­si­tion. There is no doubt that what Athens needs right now is strong po­lit­i­cal will to break the dead­lock with for­eign cred­i­tors.

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