The only sensible way forward is to cancel the Greek debt (or at least substantial swathes of it) and for the international community to support Greece's democratically elected government to rebuild its society and its economy. I ask my fellow Labour leadership candidates to echo this call to the Prime Minister, and for him to heed this call. It is in our own interests to do so. Let's use this as an opportunity to remake a Europe of solidarity.
As for the EU, there's little else to say. They have gone from promising the earth and the heavens to their citizens, to becoming the executioners of the IMF and their own bankers. Pity they cannot see that by carrying out like this, they are not just destroying Greece but also the very foundations of their precious and profitable political and economic unity. For them, too, the hour of reckoning is nigh.
Now is the time to provide Greece with a truly sustainable aid programme that helps Greece out of intensive care. Greeks and Europeans, need a resolution, both political and economic. What is needed is a show of common sense and a move towards European consensus that would strengthen EU and unite its citizens even more but the clock is ticking.
Drama and tragedy: Greek concepts, Greek words and the Greeks love them both. Yet to top them off, there's nothing that the average Greek loves more than a good song and dance. From the lyre to the bouzouki and all manners of drums and dancing in between, music is one part of an ancient culture that no Grexit can extinguish.
The sighs of exasperation at Britain's continuing ambivalence over its EU membership can be heard all the way from Lisbon in the west to Bucharest in the east. It's not as if our EU partners don't have other things to worry about, above all the still unresolved matter of Greece's slow slide towards bankruptcy.
Unemployment, nepotism, high taxes, small internal market, obstructive and dysfunctional public sector, low liquidity and lack of willing investors construe a hostile environment for professionals in a financially struggling Greece. Despite all adversities, three young people defy all odds, lead by example and serve as "beacons" of hope.
Without a deal between Athens and Brussels and the IMF on economic reforms and repayments of loans within the next couple of months a Grexit or Graccident would be the most extreme outcome. We cannot rule out that the parties will fail to find a solution seeing as how the Greeks are dawdling and in the light of the harsh words uttered by, among others, Germany.