All eyes are on Greece, again. After six years of austerity that drove some four million Greeks on to the breadline as economic activity declined by 25 per cent, citizens are holding their breath, watching as the newly elected leaders present their case to the powerbrokers of the eurozone. Ordinary Greeks have endured huge economic hardship as previous governments implemented the austerity economic programme demanded as a condition of the bailout by the "troika" of the European Commission, the European Central Bank (ECB) and the International Monetary Fund (IMF) in 2010 – and then again in 2012 – to address the country's debt crisis.
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