OPINION

Playing by the big boys’ rules

Greece only has its own weaknesses and persistent shortcomings to blame for coming into the cross hairs of international profiteers. Those who understand how international markets work have on a daily basis stressed the need for Greece to play the game hard and to adopt its best poker face, because its adversaries will prove to be aggressive and ruthless. In the game of international finance, it is important to concede as little as possible, keep the panic off your face and send your adversary just a single message. The government’s officials have broken every one of these three golden rules following the issuance of the five-year bond, especially in regards to rumors about investment interest from the Chinese. But right now the stakes are very high for Greece. The issues it is facing are crucial and the eyes of the world are upon us, so it is necessary for the government to deal with the situation with the gravity it merits. Complex and high-risk international exchanges cannot be dealt with in the typical Greek manner.

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