The painful compromise in Paris and the honest solution
When these lines were being written there was no light on the negotiations in Paris. Nothing confirmed the Minister of Finances…
When these lines were being written there was no light on the negotiations in Paris.
Nothing confirmed the Minister of Finances Gikas Hardouvelis’ expectation of achieving a deal and happy end without any concessions and compromises on our behalf.
According to one version, the IMF is dominating the negotiations, insisting on its demand to remain and preserve its supervisory role in Greece’s financial affairs.
Some estimate that this demand is supported by the German Ministry of Finances, which seems to be disappointed by the months-long negotiations between the Greek government and the troika and especially the fact that the critical nature of the circumstances is not being understood.
The characteristically point out that since last September the Greek side has done very little, which demands the preservation of a state of strict supervision.
Under these circumstances, the pessimists claimed that the whole atmosphere may result in a breakdown of the negotiations.
Senior government sources though refuted the aforementioned, noting that something like that would result in a “sudden death” and in turn would prompt undesirable political developments.
Namely early elections, before the procedure for the election of a new President have even begun.
In this case the complication is obvious and the extended political instability is a given,
For these reasons and because nobody is prepared for an extended period of instability, it seems that every possibility for an agreement in Paris will be exhausted.
In light of the above, government sources announced shortly after midnight on Tuesday that there would be a deal in the end
However, it is obvious that the suspicion towards Greece has returned and it is clear that the people cannot endure the constant friction, on a daily basis, with the troika.
For two consecutive years the country is apparently negotiating hard and every time it submits to the demands of partners and creditors.
All that this crisis management – which is for show, according to some –achieves is to cause more decay and deplete any trust.
Truth be told, based on what the country has committed to, there are not many options.
Either it will fully comply with what it has agreed to in order to finish up, or it will assume the full responsibility and organize its own plan to exit the crisis, after having warned that Greek people of the consequences and the cost of such a choice.
Perhaps this would be the most honorable and clear solution for the country and its people.
Only this should have taken pace from the start, directly after the elections in 2009.
But back then, Mr. Papandreou – who wants his own PASOK nowadays – naively believed that “there is money”.
Now unfortunately there is nothing left other than yet another painful compromise.
In Paris this time…