Saturday April 18, 2015 Search
Weather | Athens
14o C
09o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Above all, a lack of trust

By Alexis Papachelas

Will the resounding message from Sunday’s elections have an effect? The country does not really have much time or room for maneuver. Some like to think that the outcome will scare Germany and France into easing their fiscal demands on Greece and, perhaps, sending the country some generous aid package.

In other words, they hope that our foreign lenders will realize the Greece’s transformation into a Weimar type of republic is simply a foretaste of what will soon happen in Italy, Spain or even France.

If only things were that simple. Our partners are, of course, more prepared for a Greek “failure,” as it were, or even for a eurozone exit. An easing of fiscal demands will mean more money for Greece – something that would not go down well with none of Europe’s parliaments.

But there is yet another problem. Our partners’ view of Greek politicians is not that different to our view; that is, they don’t trust them. They think they are unreliable. However, they see little willingness among Greece’s mainstream parties to change, or any new reformist party in the offing.

Greek people have also discredited anything that has to do with EU-IMF memorandum. And, as long as they do not see any other substantial movement for renewal, they turn to parties of protest such as the one led by Mr Tsipras.

It is obvious that if the Germans do not shift from their positions and if there are no convincing solutions in our country, yesterday’s vote will be the harbinger of the drachma. Some say that if the money for wages and pensions is cut, then people will realize what is going. That may be how things work but it may be a boomerang that angers people even more.

No solution can be imposed from above. The arguments in favor of fighting for the euro have to be set out. It was made clear yesterday that the Athenian political and economic elite speaks a different language from the rest of the country.

We are going to experience some difficult days and months ahead. This is what always happens when a rotten system collapses without something replacing it. That is what always happens when a people matures suddenly after a few decades of the easy life. Yesterday, this people turned things upside down. It is now waiting to see if anyone can restore some order.

ekathimerini.com , Monday May 7, 2012 (01:47)  
Back to the beginning
Protecting a key asset
The Armenian genocide and Hagia Sophia
Crime against education
Kotzias to begin US visit with Kerry meeting in Washington
Foreign Minister Nikos Kotzias is due to begin a five-day visit to the US on Monday. He will begin his trip by meeting Secretary of State John Kerry in Washington, where he will also hold ta...
Turkey asks for investigation into Greek mosque attacks
The Turkish Foreign Ministry has asked Greece to investigate the vandalism of two mosques in Komotini following incidents on Friday. “Turkey requests Greek authorities to clarify as soon as ...
Inside News
Greece poised to sign gas deal with Russia, says German weekly
Greece is poised to sign a gas deal with Russia as early as Tuesday which could bring 3-5 billion euros into depleted government coffers, German magazine Der Spiegel reported, citing a senio...
Russia gas deal would not solve Greece’s problems, says Schaeuble
German Finance Minister Wolfgang Schaeuble said on Saturday he was happy over a report that Greece was poised to sign a gas deal with Russia, though he added it would not solve the cash-stra...
Inside Business
BASKETBALL
Triumph for Olympiakos at Barcelona
Olympiakos produced its best away performance so far this season to defeat host Barcelona 76-63 on Friday and snatch the home advantage in the Euroleague play-offs. The Reds have now tied th...
BASKETBALL
Another heavy loss for improved Panathinaikos in Moscow
Panathinaikos raised its performance since Tuesday but still suffered a 20-point loss at CSKA Moscow on Thursday to find itself trailing 2-0 after Game 2 of the Euroleague play-offs. Having ...
Inside Sports
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Greece poised to sign gas deal with Russia, says German weekly
2. Russia gas deal would not solve Greece’s problems, says Schaeuble
3. Spanish official slams Greece, says time ´running out´
4. Kotzias to begin US visit with Kerry meeting in Washington
5. Turkey asks for investigation into Greek mosque attacks
6. Trash keeps Pyrgos and Ancient Olympia schools shut
more news
Today
This Week
1. Back to the beginning
2. Terrorism suspects caught following German request
3. Golden Dawn on trial amid conflict over court venue
4. Protecting a key asset
5. Turkey asks for investigation into Greek mosque attacks
6. Human trafficking suspect arrested in Kavala
Today
This Week
1. Quarantine for Greek bank subsidiaries in neighboring countries
2. Greece and lenders head back to technical talks
3. Contraband is big business in Greece
4. FYROM push expected at EU meeting
5. Islands of eastern Aegean struggle as migrant influx triples
6. Greek finance ministry hits back at German newspaper report
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2015, H KAΘHMEPINH All Rights Reserved.