The article made a good analysis of the dilemma being faced by Europe. The economic growth of Europe is slowing down terribly and it has to adopt realistic solutions for these problems rather than completely being ignorant of them. In this respect, I completely agree with the solutions that have been provided by the writer at the end of the article. In order to stabilize its financial position, Europe by all means has to adopt the Greek default together with a broad and wide restructuring course. It is surely high time that Europe realizes their present situation in order to revive the dead.