There is no turning back

There is lot of confusion in the past few days leading up to elections. The tension does not just affect the parties, but businesses, organizations and…

There is no turning back | tovima.gr

There is lot of confusion in the past few days leading up to elections. The tension does not just affect the parties, but businesses, organizations and anyone else paying special attention to the so-called political threat.

But let us put things in order.

First off, the country is in a much better position compared to where it was about two years ago.

Finances have improved, the deficits are under control, the public debt is largely manageable and the payment balance is set to produce a surplus.

Even the reforms being implemented are significant and one could say that the Greek economy is on a path of restructuring and changing the financial activity landscape.

Nobody can doubt Greece’s place n the Eurozone anymore. The country managed to “reintegrate” after the Greek people made so many sacrifices and nobody can doubt that.

All of the aforementioned has been recognized in practice by the international financial community.

The return to the markets, the easy recapitalization of Greek banks and the increasing interest of foreign investors is proof of all of this.

At present, any delays of investment choices and actions are associated with the so-called political threat.

The results of the first round in the local elections though demonstrated that the political threat is also under control.

The common belief is that the results of the European elections are going to be balance and are not expected to cause any major political crisis, capable of disputing the progress of Greece’s financial affairs.

In other words, the country’s path has mostly been predetermined. Greece will continue on its European path after the European elections and the economy will carry on with its reformation process.

On Monday the so-called political threat will start to fade away, while the social coordination becomes more prominent as it highlights the common interest, respects the people’s sacrifices and overcomes political conflict.

When this is confirmed Greek finances will develop at an incredible speed.

Opportunities will arise, investors will flock, values will soar and the Greek economy will reclaim its place in the world that it truly deserves, based on its geopolitical position, the European and democratic conquests and structures, the implementation of technology, education and the liberal structure of the economy.

There is no turning back and anyone who does not understand this will simply lose…

Antonis Karakousis

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