Showing posts with label costas karamanlis. Show all posts
Showing posts with label costas karamanlis. Show all posts

Tuesday, 20 October 2009

Would you buy a used car from this man?

During the recent election campaign the centre right New Democracy ran the slogan "Apofasi Eythynis" - "The Responsible Choice" and made much of the fact that they alone could be trusted with guiding the country's economy through the rough days ahead. Indeed this was virtually the only slogan to grace the thousands of billboards featuring a heavily photoshoped portrait of prime minster Costas Karamanlis that sprung up in the weeks leading up to the October 4th vote.





It seems now that the promise was made in bad faith. Despite swearing blind to Greek voters, the parliament, European Union, Eurostat, lenders and anyone else who'd listen that the country's public borrowing for 2009 wouldn't exceed 3.7% of GNP figures presented by the new PASOK administration seem to show that the figure is likely to be between 10 and 12% of GNP. A discrepancy which has prompted the EU's economy commissioner, Joaquin Almunia to order an inquiry into how the New Democracy government cooked the books on this particular deal.

The money markets less restrained by political and diplomatic considerations were not fooled by the previous government's creative accounting and so downgraded the country's credit rating to the lowest in the Eurozone, making the cost of further public borrowing even more expensive.

No wonder Karamanlis decided on a quick election despite intense opposition from within his own party. Unlike everyone else the country's leadership knew that the lid was about to blow on this financial mess and that if they didn't take the money and run soon the electoral consequences would be even more dire. The policy seems to have been lose the elections, let the opposition deal with the mess and take the blame for the austerity measures that will be imposed on Greece in return for further lending. Then when the electorate starts to lose patience present yourself as a more reasonable alternative.

A fitting tactic for an administration that managed to get itself mixed up in over 50 scandals in just two years.

Thursday, 1 October 2009

Κώστας Καραμανλής - Costas Karamanlis

New Democracy rally in Thessalonik

Last night I attended the party rally held by the ruling conservative New Democracy party in the centre of Thessaloniki. With just days to go before the national elections on Sunday Prime minister Costas Karamanlis tried to fire up the troops and claw back some of the party's crumbling support. However, even traditional safe seats such as A Thessaloniki seem to slipping from New Democracy's grasp as voters sick of the government's handling of the economy and tired of their constant stream of scandals and cock ups turn their back on them.

Karamanlis went on about the opposition PASOK party's lack of responsibility, strange for a guy who turned up over an hour late for his own gig.

Although Greek law now says that I am not allowed to publish the results of the most recent opinion polls (a piece of legislation quickly cooked up by New Democracy when its polling figures started heading south) those outlaws at the Wall Street Journal appear to have no such qualms. But you didn't hear there here, did you?

Wednesday, 30 September 2009

Yo! Dude. Is that you?


Yo! Dude. Is that you?, originally uploaded by Teacher Dude's BBQ.

Greek prime minister Costas Karamanlis greets Teacher Dude after a party rally in Thessaloniki.

Saturday, 5 September 2009

Greek police march in protest ahead of PM's keynote speech

"Members of Greece's police force and other emergency services took to the streets of the country's second city to demand better pay and conditions from the government.

Even as the Greek prime minister was arriving in Thessaloniki for perhaps the most important speech of his career police officers, fire fighters and members of the coast guard demonstrated in the streets.

The city is bracing itself for a wave of marches and protests that are expected to accompany Costas Karamanlis's keynote speech during the annual international Thessaloniki trade fair after recently announced snap elections for the 4th October."


Apparently, the police think that their contributions to Greek society have gone unrewarded. Don't ask me I'm biased.

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