OPINION

Markets must have a boost

Thousands of private sector employees and many businesses are on tenterhooks about what the autumn will bring in terms of their jobs and their ability to stay in business. The government has already implemented crucial reforms despite reactions from labor groups, yet it seems that it does not understand how markets work, while some of its members have displayed a hostile attitude to market forces. The Greek business community is expecting changes as of September, such as reforms in the taxation system that will boost growth, and a crackdown on tax evasion across the board. The private sector is the one paying for a wasteful state and unless the government stops spending money on ailing state-owned businesses, on local authorities and on a problematic state structure, the crisis will draw on for much longer.

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