How to timeout function in python, timeout less than a second

Solution:

I've just modified a script posted here: Timeout function if it takes too long to finish.

And here is the code:

from functools import wraps
import errno
import os
import signal

class TimeoutError(Exception):
    pass

def timeout(seconds=10, error_message=os.strerror(errno.ETIME)):
    def decorator(func):
        def _handle_timeout(signum, frame):
            raise TimeoutError(error_message)

        def wrapper(*args, **kwargs):
            signal.signal(signal.SIGALRM, _handle_timeout)
            signal.setitimer(signal.ITIMER_REAL,seconds) #used timer instead of alarm
            try:
                result = func(*args, **kwargs)
            finally:
                signal.alarm(0)
            return result
        return wraps(func)(wrapper)
    return decorator

And then you can use it like this:

from timeout import timeout 
from time import time

@timeout(0.01)
def loop():
    while True:
       pass
try:
    begin = time.time()
    loop()
except TimeoutError, e:
    print "Time elapsed: {:.3f}s".format(time.time() - begin)

Which prints

Time elapsed: 0.010s