The endless negotiations with the troika every time we are about a to collect a loan installment are one step away from complete insanity. A climate of instability and uncertainty is maintained for two to three months, which does not help our European creditors or Greece, while poisoning the political and social climate.
They are no longer demanding measures for the so-called fiscal gap, but rather they constantly discover delays in reform measures and deny agreeing on a bill for the refinancing of banks, prolonging the problems in the economy.
Obviously there are delays and inconsistencies on our behalf, however this attributed to a great extent to the fact that the Greek society’s limits have been reached and the consequent political pressure on the government.
On the other hand, despite the problems, Greece has achieved an incredible fiscal consolidation that lead to a primary surplus far sooner that they had expected. It is irrational to delay a deal because they cannot agree on deregulating the fresh milk market or non-prescription medication, in accordance with troika demands.
After five consecutive ears of recession the Greek economy needs political and financial stability. Irrespective of how many estimations and predictions are worked out, they will be pointless unless the people and market trust restored, unless the uncertainties are reduced. The constant prolongation of negotiations and the delays in the review create uncertainty and insecurity, which in turn subverts everything we have achieved thanks to the Greek people’s incredible sacrifices.
With minced words on the one hand about how we have exceeded expectations and scrutiny on the other for all the delays and not implementing everything as fast they would like, all they achieve is to carry on keeping this country hostage and that leads nowhere.
