Onus rests on Berlin
German Chancellor Angela Merkelís visit to Athens came at an significant time for Greece. Her presence in the Greek capitalís confirms the spectacular rebound of the countryís international credibility and represents a vote of support.
Germany has made numerous promises over the past few years to help Greece get back on the path to growth but few have been carried through. Other than the symbolic and effectively futile presence in Greece of Merkelís envoy for regional matters, Hans-Joachim Fuchtel, a string of commitments have foundered because of bureaucratic or accountancy problems, mainly on the German side.
Hopefully, following the chancellorís visit, Berlin will act more decisively and efficiently, especially given Merkelís admission that the period of austerity needs to end and emphasis be placed on growth.