Protecting the private sector

Greece’s private sector has suffered a heavy blow as a result of the country’s fiscal meltdown – and unfairly so, since it has been mismanagement and corruption in the public sector that have brought the nation to the verge of disaster. And yet the government insists on making things difficult for the public sector: It imposes hefty taxes on private businesses; it is extremely slow in meeting its economic obligations to them; it has made it extremely difficult for them to borrow money from the banks, which are also suffering because of Greece’s poor economic record. The government must revise its policy toward the private sector by September – which marks the begining of a very crucial period for the future of many businesses. The administration must finally do something about private-sector workers and the support of firms that do not depend on state money for their survival. After all, these are the only companies that can indicate a way out of the crisis.

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