The Greek case has been decided!
From the start of the great financial crisis, Greek politics has been dominated by an enduring conflict, regarding the methods and means of tackling…
From the start of the great financial crisis, Greek politics has been dominated by an enduring conflict, regarding the methods and means of tackling the crisis.
In the first phase of the crisis and under the pressure from abroad, the dominant at the time political forces assumed the responsibility and the political cost of resorting to the painful solution of the bailouts.
This choice highlighted the main differences between the pro-bailout and anti-bailout camps, which determined and fueled the political developments.
Prime Ministers and governments were overthrown, parties were depreciated, some were lost while other new, adventurist ones emerged and some opportunistically raised a flag, claiming considerable percentage of the vote, thus securing a say in the political things. Lately we have had businessmen who believe the time is right for a combined political and financial activity.
This period is best represented by the clash between the main representatives of the dominant antagonists, namely the government partners (New Democracy and PASOK) and SYRIZA, who became leaders of the opposition after the double elections in 2012.
Anyone however who has closely been following the financial developments and considering the stance of our European partners, the international financial institutions, the markets and investors who are literally buying up Greece at the moment, will have come to the conclusion that this conflict has essentially been resolved.
They insist that the Greek case has been planned out and that there is no chance of any deviation.
According to them, our country achieved a unique fiscal and structural reform and it will be honored for that by the international financial community with aid, trust and investments, as indicated by the “foreign invasion”.
As for the upcoming double elections in three weeks, they estimate that we will witness the climax of the great, frenzied conflict in Greek politics and from then on, things will be cleared out.
According to their estimations, a further electoral clash may be needed for the proliferation of a generalized climate of rationality to dominate the economy and all that remains is for the people to give their consent through their vote, so that it becomes the law of the land.
It remains t be seen if the country has chosen the path of rationality, to honor the determinism of the economy, to understand the correlations and the interdependence of the modern world.
Originally published in the Sunday print edition