Hugo Dixon to Naftemporiki: Athens has no alternative

The Greek government must realize that it has no alternative but to cooperate with its creditors and go ahead with drastic reforms, so as to avoid developments which would be the precursor for the reintroduction of the drachma. In return for that, the creditors should reduce the fiscal target for the coming years and should promise to give Greece some more debt relief provided that the government was still performing after, say, another 6 months. This is how the editor-at-large of the Reuters agency, Hugo Dixon, describes to "N" his viewpoint as far as the solution to the Greek case in the middle of the current negotiation is concerned.