Ominous signs

All the signs point to the fact that September and October are going to prove critical for the survival of the government and perhaps for the country as well.

The recent progress reports on Greece published by the European Commission and the International Monetary Fund state in the frankest possible way that reforms are running too far behind and that the economy is at risk.

Meanwhile, in cooperation with certain unions, opposition leader Alexis Tsipras of leftist SYRIZA seems ready to put up a lasting fight against the reforms, while cracks are beginning to appear in the coalition government and comments are also being heard again from the international community regarding Greece’s ability to turn the situation around.

The government is obviously very well aware of these challenges, at least judging by the recent comments made by Finance Minister Yannis Stournaras. So now, everything relies on how the lawmakers of New Democracy and PASOK handle their responsibilities.

Subscribe to our Newsletters

Enter your information below to receive our weekly newsletters with the latest insights, opinion pieces and current events straight to your inbox.

By signing up you are agreeing to our Terms of Service and Privacy Policy.