A few positive steps in Greece

Despite the dust that is thrown by the Tsipras government to mislead the Greek people, some positive decisions are made which most likely will turn out to be significant for the future of the Greek economy.

Note that these decisions are not being made by the government, although they are made in its name and on the basis of the legitimacy conferred on it by the majority it holds in parliament.

They are made by the lenders and are validated by the government.

Which confirms what many have been saying for years: Only foreigners can put Greece in order.

Specifically, the old Ellinikon international airport – which holds many special memories for many of us – was sold recently.

The Astir Palace hotel in Vouliagmeni was also sold, as was the Athens Hilton.

All these works were stagnant for years.

The sales were always on the verge of closing, but were never completed.

And yet, they had to be sold.

For example, it was a crime that the Astir Palace hotel in Vouliagmeni, with its spectacular location close to Athens, was never upgraded in order to attract the kind of clients from around the world that it deserved.

Also, the decision made by the lenders and investors to change the management of some banks, including the National Bank of Greece, but mainly Piraeus Bank, is not one of minor importance.

In the first case, Louka Katseli was obviously not qualified, although she is a good economist who was educated in the US.

But she did not have the banking skills required for this job.

In regards to Michalis Sallas, the “boss” of Piraeus Bank until recently, the accusations alone which are included in the investigations by Reuters are enough to draw your own conclusions.

There is no doubt that more changes should  follow for companies which are controlled by the state and which have turned into a den of corruption and waste of public money.

The fact is that the wheel of change is moving very slowly. And it is moving slowly because several members of the government do not agree with the reforms, they do not believe in them and they do everything in their power to avoid implementing them.

But the government has no choice. All they can do is conceal the decisions.

However, they are necessary steps for the Greek economy which should have been taken long ago by the Greeks themselves , not waiting to be imposed by the country’s lenders.

Because decisions such as these serve the national interest, they contribute to the growth of the economy and create good new jobs, if they are executed correctly, of course.