Editorial: Just us and Germany…
There may be doubts or objections whether the budget that was submitted in Parliament yesterday will be implemented and to…
There may be doubts or objections whether the budget that was submitted in Parliament yesterday will be implemented and to what extent, however it is a fact that there has been a significant improvement of the country’s finances. For the second year running the results are better than the goals set by the troika, thus giving the government the opportunity to demand an end to the bailouts and the departure of the IMF.
Obviously we have neither solved our problems, nor have we managed to claim independence from our creditors. With a soaring rate of unemployment and thousands of families struggling to meet their everyday needs, we have a long road ahead of us before we return to financial and social normalcy. We are not however the country that was balancing on a tightrope.
It is a fact that the taxes remain unbearable, despite the marginal relief, and that the banks are unable to provide the economy with a steady cash flow, but at least public finances have been improved to a great extent. If the budget predictions are to be believed, then in 2015, along with Germany, we will be the only European countries with balanced budgets and zero-sum deficits.
This incredible fiscal consolidation, thanks to the huge sacrifices of the Greek people, must and should be recognized by our partners. It is high time they ended their complaints and criticism for separate problems (which exist) and move on to the next step, namely the debt settlement, as they have promised. If they fulfill their promises, just like we have to a great extent, then we can hope that the next year will be even better than the predictions of the budget draft submitted in Parliament.