Hugo Dixon is a columnist and entrepreneur. He is chairman and editor in chief of InFacts, a journalistic enterprise making the fact-based case for Britain to stay in the European Union. His most recent book is "The In/Out Question: Why Britain Should Stay in the EU and Fight to Make it Better". He founded Breakingviews in 1999, was editor in chief and chairman until it was acquired by Thomson Reuters in 2009, and continued to edit it until 2012. Before founding Breakingviews, Hugo spent 13 years at the Financial Times, the last five as Head of Lex. He began his journalistic career at the Economist. Follow him on twitter: @hugodixon
When Kyriakos Mitsotakis met German Chancellor Angela Merkel yesterday, he was able to point to a list of quick wins, including lifting capital controls. But the new Greek prime minister has also made errors. To change the country for good, he’ll have to learn from them.
Alexis Tsipras is desperate to avoid surveillance of his actions by the country’s creditors when its third bailout ends next August. The best the Greek prime minister can hope for is to move from a high-security unit to an open prison – and only if he behaves.
Despite a last-minute wrangle over pensions, Greece is likely to get the next chunk of the money due under its current bailout plan. But this will only buy Athens time until the middle of 2018. After that, a new programme, and more fraught negotiations, will probably be needed.