A question of credibility

Dialogue, in general, is useful. Even when it makes no sense, such as the tripartite meeting with Bank of Greece strikers that Economy Minister Giorgos Alogoskoufis is trying to arrange without the participation of his counterpart from the Employment Ministry. It is incomprehensible, because the pension reform bill has already been passed by Parliament and is now law. Greek citizens and the stock market have both been victims to the clash between special interest groups and the government on social security reform. On several occasions, they found themselves without money because of successive strikes at the Bank of Greece. The country disappeared from the world financial map for several days. But the bill was passed, even after a confidence vote and a call for a referendum. It is, therefore, a shame that just one week later there is talk about dismantling it. This is not an issue involving common sense, but about credibility, and not just that of the minister of finance, but of the entire government.

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