Dilem­mas won’t just go away

Kathimerini English - - Front Page -

There are times when we need to tell it like it is: Greece has money to cover the cost of pub­lic sec­tor wages and pen­sions un­til July. Many Euro­pean gov­ern­ments, mean­while, are hes­i­tant about giv­ing Greece any more money, firstly be­cause the re­ac­tion of their vot­ers has been so in­tense and se­condly be­cause they think that any more as­sis­tance will just be blown away. At the same time in Athens, the PASOK gov­ern­ment is hes­i­tant, even at this point, to re­ally be­gin cut­ting away the fat from pub­lic sec­tor spend­ing, while it is also afraid to ac­cept giv­ing Greece’s in­ter­na­tional cred­i­tors any kind of as­sur­ances be­cause of the po­lit­i­cal cost. For its part, the op­po­si­tion does noth­ing but re­ject all the terms set by the len­ders, even go­ing so far as to chal­lenge the need for im­me­di­ate pri­va­ti­za­tions. What the pro­tag­o­nists of this po­lit­i­cal drama ob­vi­ously fail to grasp is that even if there were elec­tions, they would still all end up sitting around the same ta­ble look­ing at the same strin­gent terms and fac­ing the same dilem­mas: De­fault or re­struc­tur­ing? Euro or drachma?

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