On the way out of the crisis: optimism is back in Greece

at the beginning of the year, Greece was well on the way to the case of a crisis, to showcase the country. Since last July, the Greeks have a government with a

On the way out of the crisis: optimism is back in Greece

at the beginning of the year, Greece was well on the way to the case of a crisis, to showcase the country. Since last July, the Greeks have a government with a stable majority in the Parliament. This has tackled in-house, many of the overdue economic reforms, after their predecessors had done for ten years, all to demonize the creditors for the help in Euro crisis reforms required as a Symbol of forced and heartless capitalism.

The majority of the Greeks had to 2019 but enough of populist phrases, and chose the sober, liberal reformers, Kyriakos Mitsotakis, who had previously won from the Position of the outsider of the party and the presidency to the Conservatives. Mitsotakis won a primary against the corrupt Establishment, the party that had led the Greeks to 2009 in the direction of the abyss.

Good preparation for a flying Start of the new Cabinet a few days after the election victory, fast symbolic changes, a first reduction of the immense amount of real estate tax for the middle class in the so-called better neighborhoods resulted in a flight of fancy of the Greek economic climate, while for example in Italy or Germany in the autumn of 2019, the mood sagged already was.

Modest prospects for tourism

in June of this year, in the middle of a virus crisis was in Greece, the Eurostat, as measured by the Index for the assessment of the economic Outlook significantly above the values for the major EU countries – Greece scored the third best score.

In the time of the virus pandemic, the Greeks got the feeling, to no longer be Europe's taillight, but are part of the models. Also, thanks to the conservative government and an early Lockdown, Greece is one of the infected so far, only 3600 Virus and less than 200 death victims.

In Bavaria, the same number of inhabitants as Greece, the values 13 times. The so far moderate the course of the pandemic promotes the expectation that Greece could also come from economically well through the crisis. In addition, the Greeks with their success in halting the Virus now advertise trust at the holiday consent in Central Europe.

Updated Date: 12 July 2020, 05:20

You need to login to comment.

Please register or login.

RELATED NEWS