Destructive rejectionism
Greece’s leftist opposition is making the same mistake as most of its predecessors by stubbornly clinging to destructive, rejectionist policies.
SYRIZA leader Alexis Tsipras pledges that if his anti-bailout party wins the next election, he will reverse any privatization carried out by the current administration.
However, no civilized state can expect to be taken seriously if it does not respect agreements reached with other states – regardless of which party is in power.
No serious investor would be willing to put their money in the country with the knowledge that a future government might scrap a previous agreement.
In the past, PASOK issued similar threats over Cosco’s investment in the port of Piraeus, which is now considered one of the biggest foreign investments in Greece.
SYRIZA’s stance is hurting the country’s interests.
