COMMENT

Ministerial responsibility

Members of Parliament who may be considering voting against the proposed bill outlining the likely deal between the coalition government and the country’s partners and creditors – the European Union, the European Central Bank and the International Monetary Fund – ought to properly consider the effects that their decision could have.

Greece is close to exiting the period of fiscal reform dictated by two successive memorandums and it will soon be free of the troika as well, at least in the form that we know it today.

What will follow is negotiations regarding the country’s sovereign debt and a new deal with our partners.

Rejecting the deal will lead Greece into a period of fresh turmoil and threaten the course of the country’s real economy, a vital sector that appears to be finally reaching the end of an excruciatingly long recession.

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