Handouts

The discussions will begin by examining the so-called “[Louka] Katselis law”, which has until now protected debtors’ primary residences (with a strict ceiling on their levels of income and assets) from foreclosure and auction.

The SYRIZA-Independent Greeks coalition is rushing to make citizens believe that the country is returning to normalcy and that due to its goodness it is handing out money and hiring pledges right and left.

Those parties which were condemned by the government as constituting the “old” political system left their old bad habits behind, and the “new regime” copied all those habits in a bid to ensure its political survival.

It would be disastrous for the government to create yet another crisis within a crisis through a new round of imprudent policies.

It would be a potentially fatal error for society to believe that the economy is back on track. In fact, there is a long road ahead.

The government is returning to the policies of civil service hiring and welfare benefits, implemented between 2004 and 2009, with disastrous results.

Let the PM do what is necessary to regain the trust of creditors and investors, with the knowledge that this will not include drums and packages of handouts

The economic team is costing the measures to be included in a basket of handouts. It appears, however, that the focus of the transition to the post-bailout memorandum era will be pro-labour reforms of labour relations.

The ENFIA real estate tax was institutionalised in order to serve the objective of the government – skinning the taxpayer in order to pledge handouts before the general election.