Wednesday October 1, 2014 Search
Weather | Athens
28o C
16o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
‘The end of uncertainty...’

By Nikos Konstandaras

“Today’s decision by the Eurogroup marks the conclusion of many long months of uncertainty in Greece,” Commissioner Olli Rehn said on Thursday, regarding the immediate release of the next tranche of our bailout agreement. The “Cassandras have been proven wrong,” he added. Premier Antonis Samaras was as optimistic. “Solidarity is alive, the sacrifices of the Greeks are leading somewhere, Grexit is dead,” he said. Indeed, Greece will immediately receive 34.3 billion euros, and 18.1 billion more by March. But the conditions which created the economic uncertainty are still here.

The political landscape in Parliament is what it is, and, despite the self-immolation of Panos Kammenos’s Independent Greeks, will remain so: The three parties in the coalition will have a numerically comfortable but politically fragile majority, while the four opposition parties, each from its own vantage point, will rule out any tolerance for the austerity and reforms on which our bailout is conditional. Friction between the coalition partners, or between their members, remains the greatest danger to the country’s stability – especially as the main opposition party, SYRIZA, has bet everything on a policy of direct and constant confrontation with our partners and creditors. With this position, SYRIZA is leading in polls, but with numbers that would not give it a comfortable majority.

Avoiding early elections is a precondition for stability – at least until some sign of economic recovery appears – as is the quick adoption of measures to protect citizens from the consequences of the crisis and austerity. With unemployment at 24.8 percent and with the swift drop of incomes (from 94 percent of the EU per capita average in 2009 to 79 percent in 2011, according to Eurostat), each day wasted leads to greater disappointment and doubts regarding our policy and the country’s European orientation.

It is imperative that the new tax system be just, be seen to be just, and be implemented justly. The same applies to every law that is now in place or to be adopted, to break the cycle of lawlessness and cynicism. Money must flow quickly into the economy, where businesses and employees have been unpaid for months, where for years there has been recession, debt and despair.

A decision to provide medical care to 100,000 uninsured citizens was a good start, so no one will feel that the state does not care for him. It is one thing to deprive people, another to make them fear for their lives.

Our partners have shown solidarity, even though at times they found it difficult to do so, even though we often questioned their motives. The government did what the foreigners asked in exchange for the loan. Now our politicians – in government and in opposition – must see how they will make citizens feel more secure. Uncertainty will prevent recovery.

ekathimerini.com , Thursday December 13, 2012 (23:06)  
Truth before the battle
Bending the rules
Next-day jitters
No sweet debt deals
New suburban railway station opens in Athens suburb of Tavros
Transport Minister Michalis Chrysochoidis on Wednesday inaugurated a new station on the Athens-Piraeus Proastiakos suburban railway line. The new station in Tavros, near Athens's southern co...
Thessaloniki transport gets more expensive
October began with more expensive public transportation for the residents of the northern port city of Thessaloniki, as the OATH transit authority introduces fare hikes in a bid to boost rev...
Inside News
Mario Draghi to push ECB to buy Greek, Cypriot ´junk´ loans: FT
European Central Bank President Mario Draghi is set to push the ECB to buy junk-rated Greek and Cypriot bank loans, a move that may increase tensions between Germany and the bank, the Financ...
NBG Pangaea eyes listing on foreign bourse, huge portfolio
Leading Greek property investment company NBG Pangaea is getting ready to spread its wings as it eyes the creation of a major portfolio worth up to 4 billion euros to be listed not only on t...
Inside Business
SOCCER
All team sports suspended next weekend in memory of dead fan
The government announced on Monday the suspension of all team sports events in Greece scheduled for next weekend, October 4 and 5, in the memory of the Ethnikos Piraeus fan who died a few ho...
SOCCER
Karamanos punishes Michel for deeming him surplus
Atromitos forced Olympiakos’s first loss this season in all competitions on Saturday to allow PAOK to go alone on top of the Super League table on Sunday. Odds-on title favorite Olympiakos l...
Inside Sports
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Mario Draghi to push ECB to buy Greek, Cypriot ´junk´ loans: FT
2. New suburban railway station opens in Athens suburb of Tavros
3. Thessaloniki transport gets more expensive
4. Smallpox decimates sheep stocks in northern Greece
5. Air-raid sirens to go off all over Greece at 11 a.m. in drill
6. NBG Pangaea eyes listing on foreign bourse, huge portfolio
more news
Today
This Week
1. Air-raid sirens to go off all over Greece at 11 a.m. in drill
2. Truth before the battle
3. Bending the rules
4. Smallpox decimates sheep stocks in northern Greece
5. Thessaloniki transport gets more expensive
6. New suburban railway station opens in Athens suburb of Tavros
Today
This Week
1. Greece may opt for unusual president to avoid snap polls, Venizelos says
2. Woman allegedly buried alive by accident in northern Greece
3. Salaries in Greece continue to slide, dipping 1.4 pct in Q2
4. Should you bet with Kissinger on where the world is heading?
5. Cypriots divided by 1974 war seek Shariah hub
6. The shocking thought of euro-dollar parity
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2014, H KAΘHMEPINH All Rights Reserved.