Room for op­ti­mism

Kathimerini English - - Front Page -

The choices made for the new ap­point­ments at the Econ­omy and Fi­nance min­istries in Greece’s care­taker gov­ern­ment – which will carry the coun­try through the snap elec­tions on Septem­ber 20 – leave some room for op­ti­mism. The dead­lines out­lined in the bailout agree­ment that Alexis Tsipras’s gov­ern­ment signed ear­lier this month and the time frame for the re­cap­i­tal­iza­tion of Greek banks are ex­tremely tight and must be met. Any de­lay would come at a heavy price and deal one more in a long se­ries of blows to the coun­try’s bat­tered cred­i­bil­ity. It is there­fore cru­cial that peo­ple who have both con­nec­tions and a good rep­u­ta­tion in Europe have been se­lected to head the min­istries of Econ­omy and Fi­nance. It would also be a very good thing if they man­aged to tie up as many loose ends as pos­si­ble be­fore the elec­tions and pre­pare their min­istries for the day af­ter, which, if noth­ing else, prom­ises to be ex­tremely chal­leng­ing.

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