COMMENT

All about timing

Surely it’s time the government finally wrapped up its negotiations with the inspectors from the country’s international creditors.

The long-drawn-out uncertainty that the lengthy delay in the talks has created is starting to jeopardize the recovery of the economy at this very crucial stage just when it appears to be almost ready to stand on its feet.

Greece has covered a lot of ground over the past few years and has made significant progress in fixing a lot of what was fundamentally wrong with the state and the way that the economy operated.

At this point, the troika should be more sensitive regarding the targets that are realistic and attainable, and abandon some of its more demanding obsessions.

Like it or not, we are at a point where too much pressure on the fragile coalition government could lead to a void in governance and a period of political chaos, which would certainly put the stability of the economy and its survival at serious risk.

Online