Greece Girds for 2013: Recovery or Relapse?

Greece-Girds-for-2013With an exhausting 2012 behind him, and after ruling for half of it, Greek Prime Minister Antonis Samaras said he believes 2013 will be the year that Greece finally begins to recover from its crushing economic crisis – with the help of more bailouts – but that it will depend on Greeks themselves to resurrect their country.

It will be a tough sell, as a new poll shows most Greeks are disenchanted with the uneasy coalition government that includes Samaras’ New Democracy Conservatives, the embattled PASOK Socialists of Evangelos Venizelos who could face a challenge to his leadership in the party’s February and the tiny Democratic Left.

In a New Year’s message broadcast around the country, Samaras said, “In 2012, we changed the country’s image abroad. In 2013, we will change Greek reality, with an emphasis on recovery and social cohesion. It’s fine getting support from others, powerful alliances are useful too but we Greeks are the ones that will save our country.”

The premier has crowed that he did more in a few months at the end of 2012 to help Greece than any government in the past 40 years, but the economy is still rocky and more pay cuts, tax hikes and slashed pensions are coming. He said that  he is going to concentrate on rebuilding the economy and competitiveness and will – finally – try to do something about tax cheats who are costing the country $70 billion. At the same time though, new pay cuts and tax hikes as part of a $17.45 billion scheme attached to the 2013-14 budget.

To boost development, Samaras is planning some foreign trips too, starting with Qatar, where business leaders are interested in developing the old Ellenikon airport site on Athens’ south coast and eying a couple of Greek defense companies as possible purchases. Promising there would be more austerity measures in 2013, Samaras has to turn to other ways to produce revenues and hold down rising social unrest, with unemployment at 26 percent – some 55 percent for those under 25.

Greece will accelerate the pace of privatizations, the sale or lease of state properties and enterprises, pushed by the Troika of the European Union-International Monetary Fund-European Central Bank (EU-IMF-ECB) to try to raise as much as 16 billion euros ($21.1 billion) in the next couple of years, leading critics to say the government may sell off some good enterprises on the cheap, as well as trying to get rid of money-bleeding losers, such as the national railway, which doesn’t go to other European countries.

Alex Sakellariou, a sociologist and researcher at Panteion University in Athens, told Greek Reporter it will be a hard year for Greek workers and pensioners and the poor especially. “The biggest story for Greece in 2013 will be the rise of poverty, as we have never seen it before. This is something already taking place and based on what follows -further cuts, more taxes, and higher rates of unemployment – make me express the opinion that many more people will not be able to cover their basic needs during 2013,” he said.


Samaras also noted that Greeks are angry as well over the impunity that tax cheats and the country’s rich elite and some politicians have enjoyed, with rage rising over the so-called Lagarde List of some 2,000 Greeks with $1.95 billion in deposits in the Geneva, Switzerland branch of HSBC bank that hasn’t been checked for tax cheats.

Former finance minister George Papaconstantinou was ejected from the PASOK Socialists as he faced a probe into whether he removed the names of three relatives from the list. Samaras – as has every premier before him who failed to do so – said he would crack down on corruption, a political mantra that most Greeks don’t believe.

Most of his emphasis, however, was on the economy and keeping Greece in the Eurozone in the face of more pending social unrest over austerity that Finance Minister Yiannis Stournaras said he feared could undermine the government.

“We said that we would avert Greece’s exit from the euro,” he said. “Few believed it but we succeeded,” Samaras said. He added:“We said that we would change the mix of economic policy so the economy could take some breathers and with the funding we secured, all the money the state owed to individuals will be paid off in the next few months. Banks are being recapitalized to provide loans to households and companies. Liquidity will return to the Greek market.”

But even as 75 percent of Greeks want the country to stay in the Eurozone, a poll by Kapa Research Survey for To Vima newspaper found that the major opposition Coalition of the Radical Left (SYRIZA) still is favored by most Greeks over New Democracy. And some 64 percent said that 2013 will be worse than even the previous three years of austerity.

The poll gives SYRIZA 22.6 percent support, New Democracy 21.5, Golden Dawn 9.8, PASOK 6.2, the Communist Party (KKE) 5.2, Democratic Left (DIMAR) 5 percent and Independent Greeks 3.8 percent.

There was little reason for any party to be happy as the poll showed 77.3 percent of respondents said they are unhappy with the current ND-PASOK-DIMAR administration, while 79.3 percent said they are not satisfied with the leftist opposition even though it’s ranked first.


  1. The BIG LIE……..Someone else is responsible for the Greek problems. Maybe today, maybe tomorrow, meaybe the next day, it will all be better. 

    The UGLY TRUTH…..Greece has no resources and it’s infrastructure and entitlements needs more money then it can generate. 

    So politicians will BIG LIE to get elected……and there is no end to the UGLY TRUTH in sight.. 

  2.  So true… and some imbecile voters fall for it every time (see the fools that have doubled down by supporting commie extremists like Syriza because they believe the economic fantasies of Tsipiras)

    All a Greek politician has to do to get elected is lie and offer free things. The parasites in our society are sure to vote for them.

  3. I just read in today’s Kathimerini that most all Politial Parties actually had
    voted in 2009 to to have the State give them more funds, and even PASOK who came
    away with the “Mother Load” of free money which is 3.1 million euros! New
    Democracy, the leader of today’s tripartite coalition government, will be
    getting 2.43 million euros, while Main opposition SYRIZA is only to get 556,005
    euros. What a joke and FRAUD! ——

    The First thing Greece needs to do is get rid of both the PASOK and New Democracy criminals who have monopolized power and brought the country to it’s knees after 37 years of ruling back and forth. Then you need to ask why the Justice system isn’t working, why it’s only for the elites…

    ***Why has Mr. Venizelos not been prosecuted for crimes against
    the State and Greek People for hiding the “Legarde List” for 2 years in his
    ***Why was Mr. Papaconstantinou, Venizelos partner in crime and George
    Papandeaou allowed to flee Greece with investigations going on? Why hasn’t
    Investigator Peponis reached his conclusion yet?

    ***Why is Akis Tszazopoluos still waiting for his trial after all this time?
    ***Why is Mermerakis still Speaker of Parliament after his crimes at Proton Bank?
    ***Why was Mr. Chistoforakos of the Siemen’s Scandal allowed to flee to Germany?


    Until someone starts righting the wrongs of the inept Justice System here– Greece will repeat the same mistakes and the bailouts will end in failure, sparking an eventual REVOLT! — when
    the people have had enough of lies and crimes from their horrible Leaders.