COMMENT

Basic reforms

Greece’s international creditors have said that they will not insist on more fiscal measures if the coalition government implements a series of basic reforms recommended by the Paris-based Organization for Economic Cooperation and Development (OECD) for removing barriers to competition.

Now is the time to find out if they really mean it.

The current administration is operating with restricted political capital and as a result, Prime Minister Antonis Samaras must choose his upcoming Parliamentary battles extremely carefully.

If Samaras opts for the kind of reforms that could have a direct, positive effect on the daily lives of Greek citizens, on the one hand, while the troika takes a few other thorny issues off the negotiating table, then the country could avoid a new crisis and the disastrous prolongation of uncertainty.

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