Jan 09

The emerging deadlock with Greece’ s 3rd in line bailout Programme

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The New Year entered having the Greek economy – and the society – facing a cloudy landscape and an ambiguous set of conditionalities. We have already stressed that Greece will not manage to successfully get out of this “vicious circle” by only scrutinizing private financial returns through an exhaustive taxation framework, without proceeding with the reforms, especially those with the public administration and being, with decreasing urgency, the judiciary, the education, training and human capital and the labour market and, of course, the health sector! We strongly believe that all parties – starting with the European institutions – need to identify and raise awareness about these priorities. And not exhausting the discussion only about meeting the balancing of public finances (primary surplus etc.). It is becoming a surviving move as you can read hereby!

Seems that with or – more probably – without closing the pending Evaluation round of the Greek bailout Programme, the… “Fast emerging deadlock with the Greek bailout programme” https://www.linkedin.com/pulse/fast-emerging-deadlock-greek-bailout-programme-nikitas-kastis

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