Not much to be thankful for?

In Greece we do not celebrate Thanksgiving, but we’re still aware of it through foreign relations and friends. Many have been asking me if things are getting better, since Greece seems to be a lot less in the international news lately. Unfortunately, I have to report that the answer is no.

We cannot be thankful that we are saddled with an inexperienced and inefficient government. And we cannot be thankful for our ‘lenders’, whose handling of things has been a disaster. Negotiations have been going on over the summer regarding The Debt. Result: more and more taxes are to be imposed. To my mind, this only makes sense if the aim of the exercise is to make sure Greece sinks. I’m sure a lot of people would be interested in buying national and private assets dirt cheap, something which has already been going on. Airports and ports, anyone? A house on a lovely island? The list goes on.

We can't turn back now! (after all this effort...)
We can’t turn back now! (after all this effort…)

 

Various eminent economists from different countries have been at pains to explain what needs to be done for Greece to regenerate its economy, but their words are falling on deaf ears. It would seem self-evident: if you want to help the country out of this crisis, give incentives to investment, help small businesses, start new projects. Curb corruption and cut the public sector.  Maybe this sounds simplistic as a theory, but what is happening now is a dead end. The government, coerced by the lenders to produce more money is basically robbing people who have no more to give. I say robbing, because those who are owed money by the government are lucky if they see half of it, after great delay. And yet they are fined if they don’t pay the whole of their taxes on time. More and more are being forced into the black economy (on the advice of their accountants, no less), paying with cash or even using barter (You fix my plumbing and I’ll fix your back…)

At the same time, the country has been obliged to face a terrible humanitarian crisis, which is being mismanaged to an appalling extent.  People are herded like cattle into inadequate facilities, where, due to despair, loss of hope and lack of employment they are turning against each other. Fires are set, people are injured. These violent incidents will only result in turning opinion against them.  I’m not saying that all refugees, or migrants, call them what you will, are the same. But I have taken the trouble to read some stories of these people’s journeys and misfortunes, of the situations they have been forced to flee, and I am horrified by what is happening.

As a nation, we still have a lot to be thankful for. Our climate, our beautiful countryside, our heritage, and most of all, our people who, as a whole, are managing to deal with their misfortunes and remain optimistic. But it will take more than optimism to get the country out of the mess it’s in.

 

 

 

Election Results

Alexis Tsipras, the ‘Laughing Boy’ as he’s known locally due to his youthful looks and smiling face, won the elections by a comfortable margin. He is to form a government with ANEL, a right-wing, anti-austerity party he’s already collaborated with in the past. Godspeed – he has a huge task ahead, and now he’s been given the mandate to proceed. No more referendums or elections, no more escape routes.

The ‘Return to the drachma’ faction was wiped out as it failed to win a single seat in Parliament. Tsipras bounced back from an in-house revolt of radicals which nearly made him lose control of his party. He now must prove himself as a leader to deal with issues such as the immigrant crisis and also implement the reforms he signed for the bail-out agreement.

The elections are finished, the Troika returns, screamed a headline in one of the dailies. The election is over, the crisis isn’t, wrote another paper.

Let’s hope that politicians will settle down now and do their jobs, instead of spending their days on TV panels, shouting at each other.
In a worrying statistic, 2 million less people turned up to vote than in 2004. That’s around 45% of the electorate, a record by Greek standards. In a population of around 10 million who can vote, that is huge. Parties will have their work cut out to win those people back.

imageEven more worrying, Golden Dawn, the extreme-right party, won two more seats in Parliament than before. That means that 400,000 people voted for a party who has acknowledged murdering people and whose leader has spent time in jail.

What will be the face of Greece in two years? In five? We are facing an uphill battle, but Greeks have proved they are resilient, so we must hope there will be light at the end of the tunnel.

photo by Eleni Koryzi 

Back to the Ballot Box

In order to resolve the problems in his party – the Left Platform faction has defected, depleting his majority – Greek PM Alexis Tsipras has decided to hold elections in September. Yet again, we are forced to choose the lesser evil. This, at least, is how I see it – but, judging from readers’ commentary in the papers, I’m not the only one. Comments range from mocking, to cynical, to downright outraged. Political satire, in the form of comic strips and caricature, is rampant.

Here’s an example from one of our leading comics artists, Arkas:
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Translation: A leader is someone who can avert a catastrophe, which never would have happened had he not been leading in the first place.

The process of elections is bound to slow progress down – AGAIN. Greek ministers are not known for taking matters in hand rapidly once they are installed in their new position. The economy will continue to stagnate. Recovery will be delayed. However, the Europeans’ response to the news (especially Mrs. Merkel’s) has been positive – which has to be a good thing.

So, for the third time in eight months, we shall wend our way to the local school and stand in line to cast our vote for something we are not enthusiastic about. Of course, some people might be enthusiastic, but I have yet to meet them. At the moment, Tsipras is expected to win. Let’s hope that if he does, the result will put him in the position to govern more efficiently.

White Smoke

After a long and episodic night (beats me why the session couldn’t start at 9.30 a.m. instead of 9.30 p.m.) the Greek parliament voted in favor of the rescue package.
However, in the process, P.M. Alexis Tsipras lost the majority in his own party (32 of his own ministers voted against him) so has now to decide whether and when to hold elections. Elections are obviously the last thing Greece needs right now. But what is certain is that he cannot implement the very difficult measures contained in this package with the present government.
The Eurozone approved a Greek bailout of up to €86bn in loans over the next three years, in return for  far-reaching reforms, essentially tax rises and spending cuts.

“Together, we have looked into the abyss. But today, I am glad to say that all sides have respected their commitments. Greece is living up to its ambitious reform commitments,” Juncker said in a statement. “The message of today’s (meeting) is loud and clear: on this basis, Greece is and will irreversibly remain a member of the euro area.”

Following the approval of the new deal, the International Monetary Fund has called on eurozone ministers to offer Greece debt relief.

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Should we Greeks feel relieved? Happy? Are we safe? Hard to tell. Readers’ comments in the papers show anger, anxiety, and general disgust with and mistrust of the politicians involved.

Jokes as usual, are proliferating. Most are untranslatable, but I offer the following two:
😆 In the end, the exact question asked at the referendum was: Are the austerity measures proposed enough for you or would you like more?
YES meant ‘They’re enough for us,’ and
NO meant ‘No, we want more!’

😅 Phew! Thank God, Greece will not go bankrupt now. Only the Greeks will.

It ain’t over yet…

How better to start the day than with an ironic take on events by one of my favourite cartoonists, Matt.

image imageOn to the news:

In a turbulent all-night session, Greek PM Mr. Tsipras managed to get Parliament to ratify austerity terms previously rejected by his government, in a desperate bid to secure the country’s future in the Eurozone.

Mr. Tsipras explained his about-face by saying he did not get a mandate from the people to take Greece out of the Eurozone, confirming his pre-referendum assertion that a NO vote was not a vote against Europe. He has recognized that the pain of capital controls and economic collapse is too much to bear. Mr. Tsipras had promised voters a miracle which he was unable to deliver – the only way he can now redeem himself is if at least he achieves some restructuring (or what Mrs. Merkel calls re-profiling) of the debt.
He got 251 votes, bolstered by opposition parties, but lost the majority within his own party. The left faction of SYRIZA voted against, which is understandable from their point of view. They have been against all along. They accuse the ECB of using ‘liquidity asphyxiation’ to bring a rebel democracy to its knees. And they accuse the PM for not having a Plan B if Europe did not give in to his demands.

Major architect of the whole fiasco, ex Finance Minister Varoufakis, did not vote. He left for his holiday home on the island of Aegina, citing ‘personal reasons’ – a bizarre turn of events that was widely condemned by all parties. Readers’ comments in the press have vilified him as a rat leaving a sinking ship which he himself helped scuttle.

New Finance Minister Mr. Tsakalotos admitted that the measures proposed will reinforce austerity, but insisted we had to look at the big picture and promised to aid the weaker members of society.

However, Mr. Tsipras warned that the battle is not won yet, since it is far from certain the new proposals will be accepted by the lenders.

Conclusion: We will – should? – be happy if we manage to achieve a new agreement which will be similar to, and tougher than, the one we nearly got before the referendum.

To end on a lighter note, yesterday farmers in Thessaloniki rolled up image
with truckloads of watermelons which they proceeded to distribute to the pensioners waiting in line in the heat outside banks to get their money. They thought they could do with some refreshment.

Frozen

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There’s a heat wave on, but everyone’s frozen: paralyzed, unable to plan or think of anything else than the situation we find ourselves in. Heads are buzzing and eyes are red from hours of watching television and computer screens, trying to make sense of the news pouring out.

There was an atmosphere of celebration after the referendum results on Sunday; but everyone I’ve talked to since Monday, from all social levels – and whether they voted YES or NO – is dazed and confused. Nobody’s spending any money, apart from filling the fridge and the car. That’s fine,  most people still have plenty to eat and enough clothes and other accessories to last them for years if need be – but what about those in retail? Business has fallen to zero overnight. Nobody’s shopping, nobody’s going to the hairdresser or even to the doctor if they can possibly avoid it. There is a peculiar exception to this: some are buying jewelry, expensive smartphones or tablets and even cars. This is because they fear a haircut will be applied to their savings, and they prefer to have goods they think will keep their value.

Immigrants from Albania and Bulgaria who have lived here for years and are well integrated, with families and children who go to Greek school, are returning to their countries. They don’t want their kids to go through the same things they experienced in their childhood. And this just a a law is being passed making it easier to get Greek nationality. Meanwhile, more than a thousand new immigrants landed on our shores in the last week. On Samos, there was a huge problem providing them with food, since the catering company had not been paid.

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To kill time while waiting for the results of the European summit, we took ourselves off to our local open-air cinema. One of summer’s pleasures – watching a movie under the stars. Jasmine and bougainvillea climbing the walls, a bar selling popcorn, hotdogs and  nachos. Tickets €6.  Still an affordable evening out. The cinema was not full, but not empty either, with couples and families trying to forget their troubles for a couple of hours.

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Back home to another episode of science fiction, or shall I say, the theater of the absurd?

Journalists on all TV channels were commenting on the fact that the Greek negotiating team had arrived at the meeting without a proposal. Our new Finance Minister, Mr. Tsakalotos, was inadvertently carrying handwritten notes in such a way they could be – and were – read by all. Then participants of the summit started emerging, all with long faces. They made statements saying how committed they were to finding a solution, but that it was going to be extremely difficult, that time was running out, and that the ball was in Greece’s court. Some openly said it was time Greece left the Euro, and maybe the Eurozone as well.

Next, our PM came out, all smiles, and declared proposals had been made for an equitable solution for us and our partners, promising social equality and economic growth. He implied all would be well by Sunday.

What to believe? Commentators were describing rescue talks as having collapsed yet again. Most were pessimistic about a positive outcome.

Is there some plan behind all this? I wish our politicians would come straight out and tell the Greek people what it is they’re expecting to achieve, what their proposals are, if they have a Plan B and how that would work out. My greatest fear is that, by the time they’ve sorted something out, it will be too little, too late. Every passing day, another bit of the Greek economy dies.