Greece has to move fast and show results

The Greek government has lost the last month trying to convince the European leaders to accept the merits of its approach to crisis management. In the current situation, a month is a long period of time for the Greeks. It is even longer when you achieve very little. It is hell, when you have empty pockets.

They should have listened to the advice coming from the key EU capitals: no programme implementation, no money. Such advice was repeated in Brussels last night, when a side mini-summit brought together the Greek prime minister, Angela Merkel, François Hollande and a couple of other senior people, Greece was once more invited to cooperate with the rest of the UE. Money was promised. It should be released when the Greeks start moving along the reform path.

Listening today to the Greek Prime Minister I got the impression he has not yet realised that time is running out. Money is getting very thin in the government´s drawers. And the political support they had in Europe is evaporating fast. It would be better for his government and his people to show they can implement the agreed reforms. The sooner they do it the better for them and for Europe´s cohesiveness.