This morning on Greek radio, Mr. Papadopoulos, the spokesman for the left wing party of Communist provenance, DIMAR, stated the following: “We will vote for the measures because we must get the 31.5 billion tranche of the loan. We will do this because we prefer the monthly wage to be 300 Euro* rather than 100 Euro.”

The DIMAR party is the small party propping up the government whose policy is to implement the troika policy to a tee, not because it expects this to help the Greek Economy, but because Greece must prove that it is a “good boy” to regain credibility. Now how this will actually benefit the Greek Economy is never addressed. It does not seem to matter.

Some naive electors who voted for DIMAR still expect it to veto some of the worse measures being prepared. I hope they heard their spokesman’s statement.

Mr. Stournaras the Minister of Finances has informed us that we will not reach the target for the primary deficit. It will be 1.5% and not 1%, as forecast. (Is it my fault they never get their forecasts right? I suppose they can’t help that since they never take the obvious effects their measures will have on the economy into account.) Speaking of which, Stournaras also stated that by the end of 2014 the Greek Economy will have shrunk by 25%.

Given their successful forecasting so far, the shrinking will probably be far greater. Nevertheless, DIMAR will persist in supporting this catastrophic, doomed policy, so that the monthly wage can be 300 Euro and not 100 Euro. Mind you 300 Euro with all the taxation and hikes and rising cost of living nobody bothers about, won’t really be any better than the 100 the left wing party has now found it expedient to threaten us with.

With such left wingers helping ruin the country, who needs Neo Liberals?

 

*It is not even down to 300 Euro per month, but I guess Mr. Papadopoulos is optimistic.