Friday, March 13, 2015
Clock Is Ticking Down on a Greek Solution By Simon Nixon
''Alexis Tsipras risks leading Greece to disaster—and he has just days to pull the country back from the brink.
It is three months since Mr. Tsipras forced a snap election and six weeks since he became prime minister. In that time, the Greek economy has nose-dived. A tentative recovery has been stopped in its tracks: Tax receipts fell more than €1 billion ($1.05 billion) below target in December and January, the banks have been emptied of more than €20 billion of deposits, loan defaults have risen and investment has been put on hold. Any day now, the government could run out of money..''