quinta-feira, 16 de julho de 2015
TEc - From rage to resignation - Hard-pressed by friends
Greece caved in after finding that it had been all but cornered and then boxed in. To add insult to injury the country was presented, by partners(!) not foes, with a clearly vindictive to-do list topped by near-impossible deadlines. A day of humiliation it was for the geographic territory that is the cradle of European civilization.
Words flow easily or read flowery, the meaning of which we may or may not agree with. Yet, on substance there are any number of question marks hanging over a program akin to two previous failed ones. Both further disorganised a country badly missing common sense reforms.
Whatever gains were made towards the end of 2014 have now been set back. Some will choose the easy way placing blame squarely on Syriza. Others may only just take a more lenient view.
What Greece needs is a new start that combines internal specificities with a debt burden it can carry while growing out of 5 years of severe economic contraction.
Non-Greek Institutions are finally beginning to acknowledge, again, what common-sense should have told them long ago.
But the medium-to-long-term sustainability of Greece has to be dealt with right now. This is where Politics is direly called for.
The alternative is for bail-outs to follow in rapid succession and a proud nation falling into poverty and despair.
Words flow easily or read flowery, the meaning of which we may or may not agree with. Yet, on substance there are any number of question marks hanging over a program akin to two previous failed ones. Both further disorganised a country badly missing common sense reforms.
Whatever gains were made towards the end of 2014 have now been set back. Some will choose the easy way placing blame squarely on Syriza. Others may only just take a more lenient view.
What Greece needs is a new start that combines internal specificities with a debt burden it can carry while growing out of 5 years of severe economic contraction.
Non-Greek Institutions are finally beginning to acknowledge, again, what common-sense should have told them long ago.
But the medium-to-long-term sustainability of Greece has to be dealt with right now. This is where Politics is direly called for.
The alternative is for bail-outs to follow in rapid succession and a proud nation falling into poverty and despair.
terça-feira, 14 de julho de 2015
The humiliation of GREECE
No, it is not about Varoufakis or Tsipras or Samarras or Papandreou. Despite them or because of them.
As the full picture emerges there is no fair present or fair future in a European Union beset by imbalance and a lack of political righteousness or, worse still, a pale notion of it.
Greece may eventually be pushed out of the EZ, the EU – as it happens the country is again allowed to muddle through pending further punishment - after 5 traumatic years exposed multiple internal faults, profitably overlooked by many over decades, only matched by the monumental failure of the original idea of what Europe stands for.
It came to a head because a radical left political platform was elected to office?
Greece may eventually be pushed out of the EZ, the EU – as it happens the country is again allowed to muddle through pending further punishment - after 5 traumatic years exposed multiple internal faults, profitably overlooked by many over decades, only matched by the monumental failure of the original idea of what Europe stands for.
It came to a head because a radical left political platform was elected to office?
And then won a referendum against all odds?
An entity awarded double legitimacy by a majority of Greeks that breaks the center-left, center-right mould of European politics.
An entity awarded double legitimacy by a majority of Greeks that breaks the center-left, center-right mould of European politics.
Its approach and ways too bold to even begin to contemplate, let alone negotiate with?
Such questions and more will never be asked or, in the event they are, never be answered.
A debtor-nation standing on its knees is instead being intellectually ravaged, materially blackmailed, financially strangled in exchange for a lifeline that keeps the country afloat for some time. This is done not by foes but by purported in-house friends represented by governments and institutions now hell-bent on exacting as high a price for Greek defiance.
Such questions and more will never be asked or, in the event they are, never be answered.
A debtor-nation standing on its knees is instead being intellectually ravaged, materially blackmailed, financially strangled in exchange for a lifeline that keeps the country afloat for some time. This is done not by foes but by purported in-house friends represented by governments and institutions now hell-bent on exacting as high a price for Greek defiance.
How dare a beggar nation make demands?
Or simply upset the commonly accepted idea that he who has the money wields the sword to decide who lives and who dies.
Shame on the European Union that has long ceased to be a political project binding the 28-member States that make it up.
Greece is being kicked around tonight like I never ever imagined possible.
There is absolutely no Politics whatsoever, only the pervasive views of Eurogroup finance ministers – especially the powerful few, the powerful one more to the point - whose upper hand on the de facto daily running of the EU has long been plain to see.
Europe’s heads of state are evidently at a loss, their statements constrained by the logic of an appaling system of governance badly missing balance, tools and a common goal.
In fact they were constantly seen hiding behind the Eurogroup throughout the ongoing Greek saga.
Despite its reportedly messy internal set-up commoners in Greece deserve a great deal more respect just as commoners elsewhere.
Or simply upset the commonly accepted idea that he who has the money wields the sword to decide who lives and who dies.
Shame on the European Union that has long ceased to be a political project binding the 28-member States that make it up.
Greece is being kicked around tonight like I never ever imagined possible.
There is absolutely no Politics whatsoever, only the pervasive views of Eurogroup finance ministers – especially the powerful few, the powerful one more to the point - whose upper hand on the de facto daily running of the EU has long been plain to see.
Europe’s heads of state are evidently at a loss, their statements constrained by the logic of an appaling system of governance badly missing balance, tools and a common goal.
In fact they were constantly seen hiding behind the Eurogroup throughout the ongoing Greek saga.
Despite its reportedly messy internal set-up commoners in Greece deserve a great deal more respect just as commoners elsewhere.
segunda-feira, 6 de julho de 2015
TEc - "NO" to what? - Easy question, easy answer
There's no need to make it difficult when the answer is pretty straightforward:
NO to all that is wrong with EU governance, Eurozone governance and, of course, Greece governance too.
We shouldn't dwell on semantics and interpretation when the Greek saga has unfolded itself before our very eyes day in day out for the past 5 years at least.
Much longer to my mind, if the rootcause/s to current troubles are to be sought.
Greece and its Syriza government have taught us all a major lesson in Democracy and Politics as both being key to addressing the needs of the many. Everyone should acknowledge this basic fact regardless of ideology and the nitty gritty of how best to overcome the long drawn-out expensive Eurozone stalemate.
If a country squeezed between a rock and a hard place rises up and says NO people of goodwill across Europe, especially the leadership, should listen very carefully. Unless the enlightened few ruling today's finance-dominated economies/politics/countries are forever prepared to make a mockery of all that was previously reported as being cherished and invaluable to Europe.
The consequences are beginning to show.
Greece does require a fix within the Eurozone.
So does the Eurozone as a whole for the benefit of every member country.
It is high time for European Politics to kick in reining in the institutions (and their actors-of-the-day) from overreaching their mandates and legitimacy, and for all to show some respect for common folk from Greece to Germany, from Finland to Portugal.
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