Antonis Samaras was voted in as Greek PM on the promise that he would “renegotiate” the appalling terms of the second “bail out” agreement originally negotiated by Papademos and Venizelos, that he would not cut pensions any further nor the lower scale salaries.
Now he is telling us that what we need is an extension of carrying out these appalling terms by two years. The problem for him is no longer the actual destructive recession inducing terms at all, but merely the time span for implementing them!
He probably hopes that the EZ and troika members will be too scared of Greece going belly up just yet and will agree to this extension merely not to rock the EZ boat. Whereupon Samaras will return to Greece as the hero who achieved the extension, completely forgetting that that was not what he had promised at all.
Such an extension would be just as disastrous as all the great “successes” already notched up by Papandreou, Papademos and Venizelos. It would, as the others before it, merely push Greece deeper and deeper into the black hole it is already in.
As to the “hero’s welcome” he supposes will be his… Has he learnt nothing from the Papandreou experience? And this time it won’t even be yoghourts hurled at him but something far worse.
But now we come to the EZ. If Germany does agree to this extension, all it will mean is that she is in fact fearful of a Grexit at this point. And all that will be achieved is AGAIN the proverbial can being kicked down the road. Because even in the knowledge of having this advantage, the present Greek government will do nothing at all to avail itself of this and will merely continue with the destruction of the Greek economy, in total obsequious obedience to the Mistress.