Wednesday Jul 23, 2014 Search
Weather | Athens
31o C
23o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Long-term consequences

By Costas Iordanidis

At this current juncture, an incredibly difficult moment for the Greek economy, it would be wise to try to avoid giving the impression that a cover-up is in the works regarding all the people involved without this proving their guilt in the handling of the Lagarde list. After all, the direction that the investigation will take lies beyond the jurisdiction of the coalition government and the opposition, as the decision will ultimately have an impact on the prestige of the Greek Parliament.

There is no doubt that the whole affair was handled in an abysmal fashion. Information that should have been private and confidential was made public with the leak of the list of some 2,000 depositors, and that list itself was acquired illegally by an insider at HSBC. In other words, the information was put out there to be judged by the peoples court with no regard for whether the deposits at the Geneva bank were the product of legitimate business activities in Greece or abroad.

Essentially, it does not matter at all how many ballot boxes are set up in Parliament so MPs can vote on which politicians need to be investigated in connection to the list. The decision as to the number of people to be investigated will probably be decided by Democratic Left. The important part is for all of the MPs to cast their ballots for all the proposals, because otherwise it may seem that a cover-up is in fact in the works and this would be unfair primarily for the those who have been put forward to possibly face a preliminary inquiry.

It is clear that New Democracy is trying to make its MPs to toe the party line. But the issue is not about creating an image of unity in the government camp over an affair that is irrelevant to the general governance of the country.

Over the past four decades Greeces political sphere has often been shaken by serious clashes between PASOK and New Democracy. The government of George Papandreou, for example, was unfair and even slanderous in its criticism of the administration of his predecessor, Costas Karamanlis.

The coexistence of these two traditional rivals in the current coalition is a matter of expediency that does not negate the deep rifts between the two. This contradiction cannot be solved with cheap tricks nor does the possible investigation of former Finance Minister Evangelos Venizelos or of former premiers Papandreou and Lucas Papademos suggest their culpability. In any case, they will still be summoned to testify.

However, if instead of transparency we see ruses and attempts to sweep the affair under the carpet, SYRIZA, Independent Greeks and Golden Dawn will come out as the big winners.

ekathimerini.com , Wednesday Jan 16, 2013 (22:22)  
Front-line threats
Testing behavior
Unequal after death
Chinese investment
Police release new photos of fugitive Roupa
Authorities have released four new photographs of Panayiota Roupa, the fugitive partner of urban guerrilla leader Nikos Maziotis who was arrested by police last week. Roupa, 45, is seen with...
Parts of Thessaloniki university campus sealed off as police investigate bomb threat
Parts of Aristotle University of Thessaloniki, in northern Greece, were evacuated on Wednesday after a bomb threat, according to police. University officials told police a man had called ear...
Inside News
Structural reforms preferable to wage cuts, IMF experts say
Adjustment programs in debt-hit euro area countries would run more smoothly if governments implemented structural reforms to boost productivity, according to a staff discussion note publishe...
Hedge fund Dromeus turns Greek tragedy to triumph with 160 pct gain
Dromeus Capital Management SA is turning Greek tragedy into triumph. When Achilles Risvas, chief executive officer of the $240 million investment firm, and Jason Manolopoulos started a fund ...
Inside Business
TRACK & FIELD
Athens, the Marathon capital of the world for good
Paco Borao, the man who restored Athens as the Marathon capital of the world with the establishment at the Olympic Sports Center of the headquarters of the International Association of Marat...
TRACK & FIELD
Pole vault record on same day as three doping cases
Greek track and field had a mixed weekend, as on the same day as Katerina Stefanidi matched the national record in pole vault as well as the leading result in Europe so far this season, thre...
Inside Sports
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. Police release new photos of fugitive Roupa
2. Parts of Thessaloniki university campus sealed off as police investigate bomb threat
3. Structural reforms preferable to wage cuts, IMF experts say
4. Hedge fund Dromeus turns Greek tragedy to triumph with 160 pct gain
5. Number of firms filing for bankruptcy in Greece drops
6. TAIPED finally finds suitors for Afandou properties
more news
Today
This Week
1. Hedge fund Dromeus turns Greek tragedy to triumph with 160 pct gain
2. Front-line threats
3. Testing behavior
4. Parts of Thessaloniki university campus sealed off as police investigate bomb threat
5. Police release new photos of fugitive Roupa
6. Unequal after death
Today
This Week
1. Ex-Credit Suisse banker taps lesson for Greek rebound
2. The cost of excellence
3. Greece seen in third bailout as bonds not enough, economists say
4. Climber dies in Mount Olympus fall
5. Summer storms cause problems in Thessaloniki, spread across the country
6. Greek banks able to tap investors after stress tests, HFSF Says
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2014, H KAΘHMEPINH All Rights Reserved.