Investments are key to growth

Leftist SYRIZA has openly declared itself to be against the privatization of any state-owned assets as well as against all large-scale private investments. The party makes its position felt in the most absolute and over-the-top manner, warning foreign investors that they will lose their money if they try to invest it in Greece.

This stance and the rhetoric that goes with it torpedoes any effort to stabilize the Greek economy and for the country to regain some of the credibility that it has lost.

Any investments or privatizations that have been approved by Parliament, by the authorities and by the Council of State must go ahead.

The parties in the coalition government would be mistaken if they were to allow themselves to be swayed by their fear of the populists.

Without privatizations and foreign investments, Greece will never get back on the path to growth.

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