Fact and fiction

COMMENT

There is often a lot of confusion over who Greece’s allies are in its discussions with international creditors about the bailout review and steps to lighten to its massive debt load.

One of the main reasons for this is the stereotypes and obsessions that have come to prevail in Greece and which prevent us from seeing things clearly and making our own assessments.

Right now, for example, the International Monetary Fund is staunchly defending a position that is in complete accordance with Greek interests, yet the Washington-based body is still regarded as a bad guy. A generous write-off of the Greek debt and the simultaneous reduction of fiscal adjustment targets are staple Greek requests.

If we want to know where we stand at any given time in regard to our future, we need to start separating fact from fiction.

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