Reshuffle headache

European Economic and Financial Affairs Commissioner Pierre Moscovici was the first to say it, albeit in tactful terms, followed more tersely by European Stability Mechanism chief Klaus Regling: Certain Greek ministers are dragging their feet and undermining the implementation of the bailout. They did not use those exact words, but there was no mistaking their meaning. After all, even the International Monetary Fund's upbeat projections assume that the Greek government will fall in line with the terms of the deal.

The country's lenders have reached the same conclusion as many Greek analysts and observers: that there are certain ministers, such as Panos Skourletis (Energy), Christos Spirtzis (Infrastructure) and Theodoros Dritsas (Shipping), who have openly expressed their opposition to privatizations and have no interest in attracting foreign investments. Their attacks on...