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Politics

Charitsis: Without Generous State Intervention We Can’t Hope to Stave off Recession

ATHENS – "Either the Mitsotakis' government has not understood that an unprecedented recession is coming or, even worse, it has a specific plan based on its ideological obsession that the invisible hand of the market will intervene to regulate the crisis – which is a disastrous choice," underlined main opposition SYRIZA spokesperson Alexis Charitsis while speaking to SKAI TV on Wednesday.

"It has now been internationally acknowledged that without generous state intervention, we can't hope to stave off the recession. France, the UK, Germany and other European countries are taking measures to provide state support to their economy and society. The Greek economy and particularly sectors like catering and tourism have urgent need of a generous support programme that will provide relief for enterprises, employees and households. The suspension of debts and additional borrowing do not solve the problem," Charitsis said.

He noted that the recession will be very deep and long and that the repercussions for the Greek economy will be greater than for any other European country due to its special conditions, its dependence on tourism and private consumption, as well as its fragility after a 10-year recession from which it had just emerged.

Concluding, he referred to the reopening of schools and said that the government is taking a needless risk by opening schools, especially primary schools, for only 10 days, which it should have explained not to the main opposition but to the families and educational community who were justifiably concerned. "This move does not serve educational but only political purposes," Charitsis added.

 

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