Time Is Running Out (Again) for Greece

Time Is Running Out (Again) for Greece - Bloomberg View:
"The Greek economy is still in desperate trouble, and yet another crisis is looming.
If it happens, this could set back hopes of recovery across much of Europe.
The last emergency won't soon be forgotten -- yet nothing is being done to avoid a rerun.
Greece's Financial Odyssey
The latest quarrel between Greece's government and the International Monetary Fund, one of its official creditors, only underlines this continuing dysfunction.
The impasse has to be broken.
For that to happen, the European Union must take the lead, rethink its current position, and grant Greece debt relief.
Greece's gross domestic product is still falling year over year. 
About a quarter of the population is out of work. 
Depositors pulled a further 500 million euros ($570 million) out of the country's banks in February, showing that last year's rescue plan has failed to restore confidence.
Time is running out..."