just to say

30/04/10

The current Greek crisis has started because the government declared false data about GDP and public debt in order to attract foreign investments. This government was ruled by populars party. Now, socialists have to solve the problem. However, European Popular Party (Merkel, Sarkozy, Berlusconi, Barroso, ...) has an enormous political responsability.

3 commenti:

Anonimo 30 aprile 2010 alle ore 15:12  

Actually, it looks like the falsification of greek economic data has been quite popular also during socialist administrations...taken from wikipedia:

"In March 2004, while PASOK was still in government, Eurostat refused to validate the fiscal data transmitted by the Greek government and asked for a revision, as it had done previously -twice- in 2002, then resulting in a revision which changed the government balance from a surplus to a deficit.

A worse blow came in May 2004, when the European Commission harshly accused Greece of "imprudent" and "sloppy" fiscal policies[4], pointing out that since Greek economic growth had been an annual 4% in 2000–2003, a declining fiscal position could only be the result of government mismanagement, including concerns by the EU regarding the 103% public debt to GDP ratio which Karamanlis inherited from the previous PASOK regime. With this report, the Commission effectively called into question the quality of Greek economic data, as the Eurostat had done in March.

The New Democracy government under Karamanlis, elected on April of that year, decided to conduct a Financial Audit of the Greek economy, before sending revised data to Eurostat. The audit concluded that the PASOK administration and prime minister Costas Simitis had falsified Greece's macroeconomic statistics, on the basis of which the European institutions accepted Greece to join the Eurozone. PASOK contested the accusations and claimed that 2006 Eurostat changes to the system of defense expenditure calculation[5] legitimized the practices of the Costas Simitis government. New Democracy responded that the defense expenditures covered by those changes constituted only a small part of much more substantial expenditures that were fraudulently concealed by the previous PASOK government.
"

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D21 30 aprile 2010 alle ore 21:21  

the mistakes of the Pasok didn't reduce the responsability of Populars...

Anonimo 30 aprile 2010 alle ore 22:24  

Obviously not, but I think it's important to contextualize the situation. A country does not give bankrupt in a week, a month, a year. I am definitely not an expert, I am just pointing out that it looks like Greece has had quite a long history of bad administrations.

In this sense I am not sure how much populars or socialists can be considered worse or better a priori.

Facts are more relevant than labels, I guess.

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