Greece’s situation is “pretty hopeless”, Greek Economy Minister Michalis Chrysochoidis said in a newspaper interview released Wednesday, but insisted Athens was doing everything to “ensure our country’s survival.”
“On the one hand, our situation is pretty hopeless,” Chrysochoidis said in a prerelease of an interview to be published in the weekly Die Zeit on Thursday.
“We’re cutting people’s incomes ever more drastically. We’ve already cut pensions several times and raised taxes. So it’s a very painful time for Greeks,” the minister said.
“On the other hand, we hope that this will enable us to secure our country’s survival.”
Nevertheless, the government was not in a position to say when people would start seeing light at the end of the tunnel, Chrysochoidis added.
With its reforms, the government was feeling “very much alone,” the minister said.
“The conservative opposition claims it would renegotiate the conditions for our loans. And the leftists want out of the EU. They say EU represents capitalism. We’re very much on our own,” he said.
Greece’s main problem was uncertainty, Chrysochoidis continued.
(source: economic times)
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