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H ελληνική κρίση: Συνομιλία με την Ann Cahill, υπεύθυνη ευρωπαϊκών θεμάτων της ιρλανδικής εφημερίδας Irish Examiner.

The Greek tragedy is not just a tale of a country going broke, of corruption, or when living beyond one’s means finally catches up with a nation, warns Nikos Ksidakis.
It marks a fundamental challenge to our democracies, where power decisively shifts from states to markets and corporations in which ordinary people will have no say.

He does not believe that the Greek people will be able to bear the conditions they will be forced to live under as tax increases and wage cuts bite this year.

He also believes that the measures imposed by the eurozone and the IMF in exchange for the €110 billion bail-out will not be enough to cut the budget deficit of 13.4% of GDP and the country’s massive borrowings.

As a result, he says, more cuts will be required, but these will be undeliverable and the government will not survive. Even now there is a push from business for an election, and he believes this will happen in the autumn.

In the meantime the Greek people are going through all the emotional states of grief as their economy collapses. Now they are in shock as the austerity measures cut public servants’ salaries in half, pensions are decimated and taxes soar.

Mr Ksidakis said: «Nobody can imagine the effect. Most Greek people have become used to a middle class life with a house and money to spend and a mortgage. Now they will not be able to service their loans and mortgage and the future is looking very, very bad, and it’s a shock.»

The demonstrations of the last few weeks have been an expression of terrible, unbelievable anger that is not just aimed at the government, but against all political systems and everyone involved. It is no longer just the radicals that are angry but ordinary people, and this has turned them into a furious mob, railing against a political system that has betrayed everybody.
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