Avert­ing dis­as­ter

Kathimerini English - - Front Page -

The sit­u­a­tion in Greece to­day is very un­fair to its ci­ti­zens. By the fi­nal months of 2014, the coun­try had made con­sid­er­able fis­cal strides, had man­aged to re­store at least some of the trust of for­eign in­vestors and the econ­omy was start­ing to pick up. An an­gry Greek elec­torate de­cided it wanted change and what it got was the am­a­teur­ish moves of the first SYRIZA-In­de­pen­dent Greeks coali­tion gov­ern­ment. The first year came at a hefty cost, which we are now pay­ing. At the same time, how­ever, a great deal has been ac­com­plished and this is some­thing the coun­try’s part­ners and len­ders should ac­knowl­edge. But the gov­ern­ment is in­com­pe­tent, it does not be­lieve in re­forms and it has a propen­sity for vul­gar­ity. If Greece were to en­ter a new cy­cle of un­cer­tainty, it will not be long be­fore dis­as­ter strikes. Ei­ther we have to reach a prag­matic com­pro­mise to wrap up the bailout re­view or the coali­tion will have to make way for a new gov­ern­ment, one with faith in re­forms and the power to win back in­ter­na­tional trust. The ex­ist­ing dead­lock is painfully un­sus­tain­able.

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