The hapless Mr Stournaras who for reasons only known unto himself, has undertaken the job of undertaker of the Greek economy has just reassured us. He has announced that we shall continue in recession for another two years and that by then our Economy will have contracted by a total of 25%.
And I am sure he did mean it as reassurance because he knows very well that the policy he is pushing to implement at the troika’s behest will ensure far greater recession and an eventual annihilation of the Greek economy within a few years, and not just a contraction of a mere 25%.
Nevertheless, one has to wonder why the government has decided to put on such a bad show of pretending to negotiate with the troika and why all of a sudden people like Reichenbach, head of the task force in Greece, and even The Frau herself, are lavishing praise on this new government, saying Greece has a achieved a great deal already. Even that Greece’s Budget monitoring is the best in Europe! (Better than Germany’s even? Come on Horst, pull the other one. It’s got bells on.) The climate has changed! In 100 days this new government has performed miracles! And other such hollow, mendacious praise.
These could be signs of a mild panic. Our inept and disgraceful new government spokesman, Simos Kedikoglou (a failed journalist) has now added insult to injury, by trotting out the old Pasok/ Papademos threats. This is our last chance! he says. We must pass these measures otherwise we stand to lose everything!
Does he not even realise that by passing these measures he is depriving the Greeks of everything anyway? No. He tells us that if we do pass the measures, El dorado is round the corner!
He omits the clarification that this El dorado Greece will become will be one exclusively for Foreign investors. Greeks will have been deprived of all rights, all benefits such as healthcare and welfare, and in short will have been reduced to the level of serfs.