Faced with a new reality

After a long effort, the second review of the country's third bailout has finally been completed, with a heavy toll on future generations. At the same time, tensions have peaked dangerously on the domestic political front.

All this, from one perspective, is nothing but the consequence of Greece's economic and political ruin which was simply confirmed in 2010. If the problem was confined to this alone, then one could hope that the country could get back on its feet, albeit with much difficulty.

However, developments on Greece's periphery are of far greater concern. A crisis with unforeseeable consequences is already under way in the Balkans.

The perennial cause of this volatile situation is the fact that after the dissolution of Yugoslavia, the only nation that remains fragmented is the Albanian one - in Albania, Kosovo and the Former Yugoslav Republic of Macedonia...