Time is run­ning out

Kathimerini English - - Front Page - BY ALEXIS PAPACHELAS

As soon as the sum­mer is over, the coali­tion gov­ern­ment will have to face re­al­ity and the anger of the Greek peo­ple. Noth­ing can stop this from hap­pen­ing, not even the ad­min­is­tra­tion’s fran­tic ef­forts to con­trol the me­dia through every pos­si­ble means. Sim­i­larly to those which the gov­ern­ment views as de­mons, it too will be tar­geted and get a taste of its own so-called medicine. The same talk is be­ing heard across the coun­try: “The recipe of higher taxes and so­cial se­cu­rity con­tri­bu­tions is a dead end.” What the rem­nants of the mid­dle classes see ly­ing ahead is the prospect of bank­ruptcy. The same ap­plies to those who are self-em­ployed. Ab­so­lutely no one is con­sid­er­ing any kind of in­vest­ment given the high cost of do­ing so and the con­stant un­cer­tainty aris­ing from the Greek state’s ir­ra­tional pur­suit of busi­ness. Per­haps the only ex­cep­tion to this could be a su­per­power ser­vic­ing strategic goals which there­fore re­quires a special regime in or­der to risk its money. Any­one else is out of the ques­tion. Mean­while, the shadow econ­omy is once again reigning supreme. The worst thing is that a por­tion of so­ci­ety which up un­til a while ago were the only ones left re­sist­ing this old habit has no more guilty feel­ings to wres­tle with. The ques- tion of “200 euros or 145 euros” is con­stantly heard and the an­swer comes with­out any scru­ples. Peo­ple are also angered by the fact that the ser­vices ren­dered in ex­change for in­sane taxes are rapidly crum­bling due to bad man­age­ment. All of this will boldly resur­face within the next few months. Those left with some cool­headed spirit to an­a­lyze the sit­u­a­tion will come to re­al­ize that this is what hap­pens when a coun­try us­ing the euro cur­rency is gov­erned the drachma way. As for the rest, who com­prise the ma­jor­ity, they will once again start think­ing of the drachma and a de­fault as the so­lu­tion. If this episode goes on for a while, Greece will be­come in­creas­ingly “lub­enized” and at the same time “Ukrainized.” The coun­try en­tered this road be­cause of a rot­ting por­tion of the Greek es­tab­lish­ment, but now it is rapidly head­ing in this direc­tion. Those ca­pa­ble of leav­ing Greece in search of a bet­ter life will do so. At the end of the episode, Ger­man Fi­nance Min­is­ter Wolf­gang Schaeu­ble will be smil­ing know­ingly, for he will see his po­si­tions jus­ti­fied in a most Machi­avel­lian man­ner. A re­quest for a vel­vet di­vorce for Greece and the euro­zone will come from Athens, which is re­spon­si­ble for the dis­as­trous recipe in the first place.

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