Time to man up

Kathimerini English - - Front Page -

Greece has signed up to a third bailout agree­ment at a time when other debthit na­tions have al­ready ex­ited their own mem­o­ran­dums and re­turned to growth. We tend to put the blame on out­siders. The troika has made some big mis­takes, among them im­pos­ing ex­ces­sive fis­cal adap­ta­tion in a very tight time frame. That said, Greece is a spe­cial case. Po­lit­i­cal con­sen­sus was nowhere to be found, even at the most cru­cial mo­ments. The po­lit­i­cal sys­tem re­fused to take the re­spon­si­bil­ity of clash­ing with vested in­ter­ests that ob­ject to re­forms. When it comes to per­for­mance and or­ga­ni­za­tion, Greece’s state ap­pa­ra­tus is a far cry from its Euro­pean coun­ter­parts. Pop­ulism is king across the spec­trum. We got to the third mem­o­ran­dum af­ter Tsipras re­al­ized there was no other way to keep the coun­try afloat. We will face the same dead­lock if we don’t change the things that caused the stag­na­tion of the past five months. Par­lia­ment has adopted an or­phan mem­o­ran­dum. We bought some time. But with­out con­sen­sus, de­ter­mined of­fi­cials and re­forms, we will soon ex­pe­ri­ence a re­peat of the drama.

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