The author points out that, despite some success in 2010, the medium-term prospects of Greece do not inspire much optimism. Even in the case of a quick recovery of the world economy in the next two years (which is highly questionable), the country will face a continuation of the recession. It is very likely that in the near future the government will have to restructure public debt, which reached 125% of GDP by 2010. Besides that, Greece faces a very difficult foreign policy challenge, that is to restore the credibility from the EU and to prove that Greece’s admittance to the Eurozone was not a mistake.