Greece will restore national sovereignty, and regain control of the process of full compliance with the general EU requirements for all member nations, only when it restores its financial independence.
Europe's political structure is also suspended between two stable formations: the federated nation state and the international alliance. This in-between structure is called a confederacy, and it is something that was tried and which failed in North America.
Greece and its people take responsibility for their own failings and have launched an unprecedented effort to make them right. We will not, however, be held responsible for a global economic crisis, the roots of which lie elsewhere.
Greece's elected politicians have plunged the country into a spiral of decline. Is there anybody on earth who seriously believes that austerity will restore the prosperity of Greece? Equally ludicrous is the idea that there is no alternative.
Despite heroic efforts by the ECB and IMF, it remains highly unlikely that Greece can achieve the necessary reforms without the Greek people becoming convinced that those reforms will work and be worth the pain that individuals would have to endure to achieve them.
As a journalist I feel that the Greek crisis is no longer an issue to be exhausted in the financial pages, and the detached reporting of the rise in unemployment, deflation, weekly demonstrations and marches.