A view of Greece from the Outside - Commentaries and Opinions
Follow by Email
Friday, November 22, 2013
Alexis Tsipras - Convert 7 Key Aims Into Just One!
This article reports the answers which Alexis Tsipras gave when asked by the newspaper Avgi what his key aims would be during his first 100 days of governing (the bold emphasis is mine):
* Cancelling the EU-IMF memorandum and replacing it
with a national reconstruction plan.
* The plan will include bringing back collective bargaining
laws and restoring the minimum wage to the pre-crisis level of 751 euros, from
which it was reduced by 22 percent in 2012.
* The creation of an assets register to help with
taxation, and the drafting of a new tax system.
* The renegotiation of Greece’s loan agreement.
* Increasing social welfare.
* Reopening public broadcaster ERT and legislating for
the awarding of digital licenses.
* The overhaul of Greece's banking system, providing
greater state control of lenders and the creation of small, regional
development and cooperative banks.
I would suggest that the way Tsipras formulates his first key aim (in bold) may have as a consequence that his government won't last for 100 days. I would recommend to rephrase that key aim as follows:
"Negotiate with our EU-partners to consensually
transform the current EU-IMF memorandum into a long-term economic
reconstruction and development plan for the Greek economy. The plan’s objective
will be to transform, within one generation, Greece into a self-sustaining,
value-generating economy on the basis of a sound, market-based private sector
supported by an efficient and modern public administration, adequate in size and competency. A major pillar of
the plan will be a focus on direct foreign investments in Greece’s productive
sector, thus bringing not only financial resources but also know-how in all
areas to Greece; thus enabling Greece to increase its productive capacity, to increase employment and to
import less; thus enabling Greece to make products which other countries will
want to buy. The primary responsibility for developing such a plan will be
with Greece but we seek active participation of and know-how contribution by
our EU-partners. We are confident that, once that comprehensive plan is on the
table, our EU-partners - seeing that the plan has our unequivocal support - will willingly assist with financing it because such
financing will be a good investment”.
I would further suggest that if Tsipras were to focus on the above key aim, all his other key aims would fall into place naturally (because they would be part of a long-term economic reconstruction and development plan for the Greek economy).