He spoke with broadcaster ORF:

  • Greece doesn’t have a lot of time
  • Greek reform process has to restart
  • Greece needs financing by the end of July
  • Spain’s problem is primarily banking

Greek tax collection is virtually halted during elections and will now be restarted and recent austerity measures are said to add hundreds (if not thousands) of unexpected euros to tax bills. If the next round of revenue numbers in Greece miss estimates, the whole bailout program will be in jeopardy once again.