Showing posts with label market liberalisation. Show all posts
Showing posts with label market liberalisation. Show all posts

Wednesday, 13 January 2016

Plus ça change, plus c’est la même chose




















Events during the summer of 2015 bore an air of déjà vu. The initial gap between Greece and its partners was significant. The frequency of meetings increased as time (and cash) ran out, with little to show in terms of progress. The discussions were held at an increasingly higher political level, but the core of the discussions remained of a “technical nature”. At its climax, the Greek Prime Minister held a referendum whose two questions were incomprehensible for citizens. Then, the Greek government operated a complete U-turn, signing third Memorandum of Understanding (MoU) containing harsh(er) conditions.