State must pay off its debts

Hit by the brutal financial crisis, the Greek state is putting enormous pressure on its citizens to pay their taxes. It’s high time it did its own bit and start paying what it owes to suppliers and businesses in a more timely and organized fashion.

At stake here is the very credibility of the central state. The political authorities must take all the necessary steps to restore the relationship of trust between citizens and the state that has been seriously damaged over the past few years.

At the same time, paying off state debts is also a practical issue. Because this is the only way to finally inject some much-needed cash into the market.

Despite the difficulties in determining the exact amount that the state owes to taxpayers, businesses and suppliers, it is very important that the state starts paying off its debts.

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