Economist on Greece

Make no mistake, the reforms being demanded of Greece are necessary. But they depend on a domestic elite that has consistently failed to deliver, are part-monitored by European paymasters with a political interest in forcing the pace of reform, and assume an external environment that is more benign than the one we're in.

http://www.economist.com/blogs/schumpeter/2011/09/euro-crisis-0?fsrc=scn/tw/te/bl/generalhaigschoolofmanagment