Flout­ing the rules

Kathimerini English - - Front Page -

The coun­try would be bet­ter off if the find­ings of the Bank of Greece on the coun­try’s media or­ga­ni­za­tions were made pub­lic. A lot of mud was slung against many com­pa­nies and their own­ers that were named and shamed but which later proved to be op­er­at­ing within the law and rel­e­vant reg­u­la­tions. Para­dox­i­cally, some who have re­peat­edly and unashamedly vi­o­lated those rules es­caped un­scathed. They want to have their mam­moth debts slashed and, as if that were not enough, they style them­selves as sav­iors. Some want to set up a new – or partly re­cy­cled – sys­tem of po­lit­i­cal and business en­tan­gle­ment, un­der the nose of the ju­di­cial author­i­ties and in co­op­er­a­tion with banks. They will need the un­abashed sup­port of the po­lit­i­cal and ju­di­cial sys­tem to achieve their goals. The whole process will re­veal much about the state of the rule of law in this coun­try.

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