Is Greece reforming or not?

My British friend was, for once, wrong: he had predicted a Grexit for Friday, January 11, 2013 at 22 hrs, but it didn’t happen.

True to form, he sent me the following defence of his position today:

“Read today’s ‘Comment’ in Ekathimerini entitled ‘Samaras and the madhouse’. A true reflection of how I see the insurmountable problems in Greece – which can only be resolved by a return to the Drachma and a sole concentration on Tourism, Agriculture and Shipping together with an abandonment of true reforms across a myriad of professions. I.e. the Greeks will never change – except to be encouraged to enhance their activities in the three areas that I have mentioned”.

Personally, I am at a loss. For quite some time now have I read reports how much progress Greece was making on just about everything and now the Executive Editor of a major newspaper writes that this is not so. 

Who in the world knows what’s really going on in Greece? 

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