Saturday Jul 26, 2014 Search
Weather | Athens
32o C
23o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Apocalypse now

By Nikos Konstandaras

There are two ways to see our situation: Either the whole international community -- and its Greek lackeys -- has conspired to throw us into the bottomless pit of debt, or we are closing our eyes to reality and taking a flying leap into the void.

If the first is true, soon we can break out the champagne, as the mixed bag of political forces that are against the loan deal and reform program have come out strongly after the May 6 election. Soon they will call our creditorsí bluff and cancel the austerity program, roll back every reform and take us back to 2009, when the deficit came to 24 billion euros that was easily borrowed. The memorandumís enemies will then be able to renew, with greater pomposity, their talk of traitors and gallows at Syntagma -- while spreading the wealth the traitors were hiding.

If, however, reality is different, if our partners arenít bluffing and they suspend our loan, if our tax revenues canít cover salaries, pensions and other obligations, Greece will go bankrupt and we will be condemned to poverty and ridicule because of an ill-thought bet. We will live with this result for years, when these fevered days will be long forgotten.

As they bask in the glory of the popular vote, the loan agreementís enemies, the enemies of reform forget that the spectacular rise of their influence is not necessarily in recognition of their conflicting policies but stems also from the collapse of the two main parties (blamed for the countryís failure and the painful effort to revive it) and from the success of the message that the policies of the past two years were nothing but a vast conspiracy aimed at robbing the people.

What SYRIZA leader Alexis Tsipras has done is both clever and risky: In calling for a debt audit, he raises further questions as to how onerous and unnecessary it may be; with his outright rejection of the memorandum, he takes upon himself the responsibility for anything that happens to the economy.

Tsipras rolled the dice in a throw that will either uncover the conspiracy against Greece or push it to catastrophe. Whether we agree with him or not, we can only hope, for the good of the country, that he is right and all will be well. He does not need to become premier to dictate events: His ideas have triumphed and this will be most evident if we have new polls soon.

It is inconceivable Greeceís fate will be determined not only by the criminal incompetence of previous governments but also by a naive bluff. The only good to come out of these days is that maybe some politician with a sense of responsibility may feel the need to clash with the dominant mentality -- even if this opens him up to the arrows of childish demagogues.

ekathimerini.com , Friday May 11, 2012 (16:15)  
What lessons can we draw from antiquity?
Forty years of shortsighted party policies
Putting the past behind us
When evaluation is seen as useless
MP steps in to get power back on at invalidís home
An MP had to intervene to get the electricity supply restored to the home of a man who requires a machine to help him breathe just days after a woman on life support died in Hania, Crete, as...
Civil servants who changed contracts to undergo checks
State inspectors are to begin checking the circumstances under which thousands of people working in the public sector had their fixed-term contracts switched to open-ended deals in the years...
Inside News
Trade deficit grows 9.5 pct in Jan-May
Greeceís trade deficit recorded a 9.5 percent increase in the January-May period this year compared with the first five months of 2013, data compiled by the Hellenic Statistical Authority (E...
Number of 5-star hotel rooms rises 31.4 percent in four years
The number of rooms at five-star hotels in Greece rose by 31.4 percent from 2009 to 2013, according to a survey conducted by the Research Institute for Tourism of the Hellenic Chamber of Hot...
Inside Business
SOCCER
Ranieri says he has little to change in Greek national team
The Hellenic Football Federation (EPO) presented Claudio Ranieri as the new Greece coach for the next couple of years, after the Italian manager signed his contract in Athens on Friday. ďI l...
SOCCER
Olympiakos downs AC Milan 3-0 in friendly
Greek champion Olympiakos defeated Italy's AC Milan 3-0 late on Thursday in a friendly match that launched the International Champions Cup in Canada and the US. The result, with goals from A...
Inside Sports
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
†RECENT NEWS
1. Trade deficit grows 9.5 pct in Jan-May
2. Number of 5-star hotel rooms rises 31.4 percent in four years
3. Greeks get slightly less downbeat
4. Banks reluctant to issue credit
5. MP steps in to get power back on at invalidís home
6. Civil servants who changed contracts to undergo checks
more news
Today
This Week
1. Greek coast guard picks up 77 migrants off Myconos
2. Draghi safety net becoming blindfold as bonds soar
3. Aegean Airlines resumes flights to Tel Aviv
4. Police report points to less crime in 2014
5. Godfather, 35, shot at Karditsa christening dies
6. Thousands of dead fish surface in Lake Pamvotis
Today
This Week
1. Greece seen in third bailout as bonds not enough, economists say
2. Climber dies in Mount Olympus fall
3. Greek sovereign debt at 174.1 percent of GDP in first quarter
4. Unequal after death
5. Hedge fund Dromeus turns Greek tragedy to triumph with 160 pct gain
6. Quadriplegic woman on life support 'dies due to unpaid power bills'
†††Find us ...
††... on
Twitter
†† ††... on Facebook ††
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2014, H KAΘHMEPINH All Rights Reserved.