OPINION

False hope serves no purpose

The repeated reassurances coming from the Socialist government?s economic policy officials that the administration ?shall not introduce any additional measures? serve no useful purpose whatsoever.

It is commonly accepted that failures in executing the budget to the full will naturally force Greece?s troubled government to announce ?fresh measures? by early May. So what is the point of creating a climate of optimism only to have it dashed by the facts shortly after?

The administration of George Papandreou cannot afford to lose anymore credibility and it has squandered all political tolerance.

The prime minister and his economic policy team must stop trying to put a favorable spin on the situation, tell people the truth about what is going on and present voters with crucial dilemmas.

The government cannot keep cold-showering the people, sending them from euphoria to depression. Nothing good can possibly come out of it.