Saturday November 22, 2014 Search
Weather | Athens
18o C
10o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
All talk and no plan

A man carries a ballot box at a voting centre in Athens on Friday.

By Nikos Xydakis

Tomorrow’s parliamentary election is just the latest in a series of tectonic shifts that started in 2008 -- from the early days of the Wall Street crisis, which sent shock waves around the world, to the economic meltdown of the weaker states in the euro area.

The crisis -- or, to be more precise, the bankruptcy -- of our country has exposed the weaknesses of Greece’s production base and the shortcomings of the state apparatus. At the same time, it has underscored the pathetic inability of our political system to grapple with emergencies and negotiate with foreign creditors.

Furthermore, developments have indicated that the elites and the more privileged sections of the population, as it were, were intellectually unprepared and incapable of grasping the severity and the myriad levels of the crisis.

The vast majority of Greece’s politicians, economists, academics, sociologists, philosophers and managers all expended themselves in analyzing specific aspects of the crisis (with varying levels of accuracy); however, they fell short of carving out a national plan that could save the country.

In fact, the memorandum that the Greek government signed with the European Union and the International Monetary Fund was the plan to deal with the crisis. It was a plan designed by foreigners on the basis of a pre-existing model.

Even today, some two-and-a-half years after the crisis first became evident, Greece’s leaders are yet to to hammer out a blueprint to reboot the country’s economy, based on its existing strengths and weaknesses.

Most political energy has been spent on producing rhetoric supporting or attacking the bailout agreement instead of being constructive and trying to think of ways to comprehend and overcome the crisis.

Even more worrying is the fact that the memorandum does not guarantee a safe path to usher the nation away from disaster -- even if it is implemented to the full.

The outcome of the ballot will express the anger, the fear, the despair and the instincts of the people. But the ballot cannot possibly produce a fully fledged plan, a convincing strategy, the vitality and the system which will be necessary to save the country: All these factors remain sorely lacking -- for voters and politicians alike.

ekathimerini.com , Friday May 4, 2012 (22:05)  
Give Greece a chance
‘Who lost Greece?’
Myopic partisanship
Suicidal moves
Image of artwork showing humans in blender taken out of schoolbooks
A photograph of a controversial work by a Japanese artist showing people in a blender will be removed from a primary school physics textbook, the Education Ministry said on Friday. The paint...
Simitis supports Venizelos over new movement
Former Prime Minister Costas Simitis on Friday backed PASOK leader Evangelos Venizelos’s proposal to create a new center-left party with the Socialists at its heart. The two men met a day af...
Inside News
More cash for banks with same papers
Greek banks will be able to draw additional liquidity from the European Central Bank after Frankfurt issued a guideline on Friday that revises the “haircut” applying to securities issued or ...
Growth to fuel rise in revenues
Finance Minister Gikas Hardouvelis on Friday tabled in Parliament the final draft of the 2015 budget which is in line with the targets of the country’s bailout agreement with its creditors a...
Inside Business
INTERVIEW
Tokyo hopes to change the world
The 2020 Summer Olympic and Paralympic Games in Tokyo will serve as a springboard for the rebuilding of Japan’s image and economy following the triple blow of the earthquake, tsunami and nuc...
BASKETBALL
Big win for Greens, tight one for Reds
Panathinaikos scored a crucial as well as emphatic away win at Turow on Thursday that should see it qualify from its tough group to the top 16 of the Euroleague, while Olympiakos saw off vis...
Inside Sports
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Image of artwork showing humans in blender taken out of schoolbooks
2. More cash for banks with same papers
3. Simitis supports Venizelos over new movement
4. Growth to fuel rise in revenues
5. Commercial property draws interest from investors
6. Sony chooses Piraeus as its entry point to Europe
more news
Today
This Week
1. Give Greece a chance
2. Cosco’s Greek unit adds multinational rail-freight client
3. No breakthrough after marathon conference call
4. Israel backs East Med pipeline project
5. Education Ministry mulls over introducing Albanian language classes
6. Greece says EU/IMF lenders disagree with 2015 budget deficit estimate
Today
This Week
1. Double quake on Atalanti fault line rattles Greek capital [Update]
2. Greece and Poland switch roles as young Greeks head to vibrant Eastern European country for better prospects
3. Constructively disrupting the Greek start-up ecosystem: What will the impact be?
4. Anti-junta uprising anniversary to be marked amid tight security
5. Biden heads to Istanbul amid tension over Cyprus EEZ violation
6. Carlsberg takes control of Greek brewer Olympic Brewery [Update]
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2014, H KAΘHMEPINH All Rights Reserved.