Italian economist Mario Monti, who served as the country’s Prime Minister between 2011 and 2013, leading a government of technocrats during the Italian debt crisis peak, highlighted that Greece’s time to “play games” is running out. As he said in an interview to Bloomberg TV, the time has come for Athens to implement the agreements reached with its European partners. Moreover, he expressed his certainty that Greece will not leave the single currency. “It seems to me the time for the new Greek government to play games, maybe with a genuine hope and will to change the policy framework of Europe, is coming to an end,” the Former Italian Prime Minister said. Commenting on Greece’s options, he urged that “the time has now come for them to comply with the previous commitment, maybe with some softening, particularly concerning the time of the implementation of measures.” Today is the first day European officials and Greek authorities are set to begin in-depth talks in order to conclude in a way for further bailout assistance toward Greece to avert default. According to Athens officials, representatives of the three institutions (the European Commission, the European Central Bank and the International Monetary Fund) are holding meetings in Brussels with Greek Finance Ministry officials. Commenting on that, Monti said that he is confident “there will be some compromise rather closer to the initial Eurozone positions than to the initial Greek government demands.”
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