quarta-feira, 4 de março de 2015
FT - Athens faces uphill struggle despite eurozone deal - Steep incline indeed
However disheartening these charts may be they all point to a deeply depressed economy and society whose rock bottom has so far not seemed deep enough.
Nonetheless it is fair to say that the right endings of the curves clearly point to gains made over 2014 until political change swept across the land. How to explain it then?
Easy enough, most Greeks simply grew tired and felt humiliated after five years of decline that they were now ready to bet on a new horse with an altogether different approach to the race. Too late for the incumbents New Democracy to state their case that finally the country was beginning to upswing. Democracy exacted its cost, one might say. There does exist a lengthy time lag between what macroeconomic variables tell and what real people, the constituents, feel. Especially in a context that built up over many years since 2009/10.
More and informative charts are amiss but the solid question remains as to how much improved is the Greek State now in the broadest sense, or can it be made to improve further quickly enough by the new government.
I am in no doubt that GreeK society (and economy) does have its strengths that have been overshadowed by an overwhelming policy of pressure and contraction.
The country must painstakingly rebuild the economy on a much sounder footing of individual and collective responsibility across the board. Perhaps negative perceptions abroad are overblown, misconceptions rife in the midst of the larger EuroZone conundrum whose structural fix is still far from receiving the attention it ultimately requires.
If financially Greece can pull through 2015 while enforcing basic rules of good government and governance and bringing hope to the people, then only its rightful place in the EuroZone and the EU will be permanently assured.
Ideology in the form of traditional left/right bias should not come in the way of doing what it takes to set Greece right.
If anything, the new government hit the ground running.
A promising start, a breathing space conquered to tackle internal weaknesses and trigger wider debate in the EuroZone about its future(?).