Economic Growth

The responsibility for dealing with the current economic situation is not only Greek, but also EU-wide, as during the years of the pandemic the Union appeared to comprehend that harsh fiscal rules are not always a prescription for success.

The government must take measures for the positive macroeconomic picture to have a positive impact on household budgets, because success lies not in economic reports, but rather in the prosperity of society.

The country’s candidacy and accession to the European Economic Community was an inspired and bold move, yet Greece failed to properly incorporate the principles and rules of the environment offered

In recognition of the great sacrifices of the Greek people creditors should meet Athens’ demand that the primary surplus target – a noose that is choking the Greek economy - be lowered.

The new government’s worked to create the conditions for a swift exit from the crisis with an environment of economic reconstruction and growth.

The PM also announced a partnership between three public hospitals with the private sector “'in line with the Swedish model'.

Gifts are always welcome but they are pointless if this and future governments lose track of the target of reforms.

If the newer projections are confirmed, the Greek economy after years of weak performance and retreat appears to be creating a better basis for the desired economic take-off with a growth rate of over 3% in 2020.

FIve months after coming to power the government showed that there are no automatic solutions. One cannot press a button and have everything coordinated to solve problems.

The issue now is the adequacy of the governmental plan, and the dedication and persistence in applying it with hard work.

Now expectations are clearly positive and everyone expects that an economy freed of the ideological fixations of the previous period can leap forward as long as a climate of renewal is maintained

Isolated from the Greek people, burdened with politico-ideological fixations, and with a limited understanding of the contemporary world, Mr. Tsipras cannot keep up with international trends.

Greece is still up in the air, without direct contact with the markets, and without an ensured path in the final analysis.

There is a serious danger, despite the fact that consumption is not increasing, of a burgeoning trade deficit, with obvious consequences for macroeconomic imbalances.

Greece is the heaviest taxed country as regards goods and services – VAT and the EFK special consumer tax – and is near the top of the list in terms of income tax.

One must note that although the European Commission approved the budget, at the same time it made known its concerns about delays in implementing reforms.

Two days ago, the World Bank released its report on the degree to which countries facilitate business activity. Instead of improving, Greece is steadily declining.

The slogan “hope is coming”, with which SYRIZA won two elections, was undermined in practice, and was lost during the adventures of the government’s four years in power.

It is impossible for a society that is economically pressured and a market that is bedeviled by over-taxation to lead the economy to a growth path. Without growth, it is impossible to create new jobs. In other words, the numbers prosper, even though the unemployment queues are endless.

The situation was aggravated when the government showed in every way possible that it is more motivated by its electoral pursuits and political aims than by anything else.

The solution does not lie in the death of older pensioners, as the PM implied at the Thessaloniki International Fair, but rather with the creation of new jobs and lower unemployment rates.

Although they implemented the memorandums much more decisively than their predecessors, they refuse to admit their capitulation. They try to prettify reality and blame everything on previous governments