Sunday March 29, 2015 Search
Weather | Athens
14o C
09o 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

Tomorrows 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 Greeces 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 Greeces 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, Greeces leaders are yet to to hammer out a blueprint to reboot the countrys 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)  
Lets change the subject
Too little, too late?
Time to get moving
The same old story
Disabled convicts to be freed early
A bill allowing prisoners with serious disabilities to be released early is due to be submitted to Parliament next week despite objections from some opposition parties. The would-be legislat...
Greek energy minister starts two-day visit to Russia on Monday
Energy Minister Panayiotis Lafazanis is due to meet his Russian counterpart Alexander Novak and the chief executive of energy giant Gazprom, Alexey Miller, in Moscow on Monday. Lafazaniss m...
Inside News
Fitch downgrades Greece amid bailout uncertainty
Ratings agency Fitch has downgraded Greeces sovereign rating amid growing uncertainty over the new government's pledge to overhaul reforms needed to restart bailout loan payments and avoid d...
Bank accounts continue to bleed
Pressures on Greek bank deposits have continued in March, with sector officials estimating that households and enterprises have withdrawn a net 3 billion euros in the first weeks of this mon...
Inside Business
BASKETBALL
Greens live dangerously in Istanbul
Panathinaikos played with fire in Istanbul, but still managed to beat Galatasaray 86-84 on Friday and climb to the third sport of its group two games before the end of the Euroleague top-16....
SOCCER
Greek federation backs injured Holebas
The Greek soccer federation on Friday insisted that international defender Jose Holebas had been dropped from team training in Austria because of injury and not for any other reason. Media r...
Inside Sports
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. Disabled convicts to be freed early
2. Greek energy minister starts two-day visit to Russia on Monday
3. Opposition tells Tsipras to get control of his party
4. Vitsentzos Kornaros passenger ferry finally on its way
5. Foreign laborer dies after falling from 3rd floor of Iraklio building
6. A 5.3 Richter quake rattles area between Crete and Kasos
more news
Today
This Week
1. Fitch downgrades Greece amid bailout uncertainty
2. Opposition tells Tsipras to get control of his party
3. Let's change the subject
4. Greek energy minister starts two-day visit to Russia on Monday
5. Too little, too late?
6. Disabled convicts to be freed early
Today
This Week
1. Next Monday is D-Day for state funds
2. PM faces Merkel amid race to detail reforms
3. Some more equal than others
4. Greece to present reforms by Monday, says gov't spokesman [Update]
5. Looking at the Chinese model
6. Greece optimistic on deal with euro area next week
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2015, H KAΘHMEPINH All Rights Reserved.