Greek shrewdness

2014 started rather well for Greece, thanks to the EU presidency and the positive comments from abroad and the markets, who have high expectations from the high-risk Greek bonds, in light of the favorable performance of the Irish and Portuguese bonds. That was during the first few days of 2014. Over the following days, Greek […]

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2014 started rather well for Greece, thanks to the EU presidency and the positive comments from abroad and the markets, who have high expectations from the high-risk Greek bonds, in light of the favorable performance of the Irish and Portuguese bonds.

That was during the first few days of 2014. Over the following days, Greek shrewdness prevailed.

Christodoulos Xiros decided to return to crime and based on all indications appears to have decided to revive “old school” terrorism and assist the united and reformed terror network of Maziotis, the Sect of Revolutionaries, the Conspiracy of Fire Cells and mountain bandit Paleokostas, causing great concern to those who are aware of the operational capabilities and vindictive obsession that is characteristic of the vicious cycle of armed violence.

With blood and weapons involved, everybody expects the worst has yet to come. These concerns are even greater when everyone knows that the European presidency presents a unique opportunity of international publicity, for anyone crazy and willing enough to have a go.

Coincidently, the great revelation in Justice in recent days, regarding the great theft from the Postbank that is attributed to the “golden boys” of the Karamanlis and Papandreou factions, adds further chaotic variables to the already-complex Greek equation.

Prior to this scandal the prosecutors made revelations about the obscene bribes in the armament scandal, shedding light on the political and military gangs that gained riches in the name of national defense.

All this, along with the legislative initiatives that the government is called upon to take in order to rejuvenate the banking system, while addressing the Greek people’s expectations of better days to come after a long way, will only make things harder and reduce the degree of optimism.

In other words, the Greek financial problem is becoming a political problem. Truth be told, the political crisis is before us. The question is whether this will trigger a new financial dead end.

A careful observer would answer that it all depends; it depends on the stamina of the existing political system and its ability to adapt and revitalize politics. Unfortunately, the efforts in adaptation and revitalization are not convincing.

Perhaps those who insist that only a catastrophe will allow a new awareness that will lead to the country’s rebirth.

Although nobody can be sure of what the future holds for a country like Greece, where there are more than enough insane people, who are more than likely going to be the catalyst of this necessary new awareness.

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