How much did the alleged tough negotiations of SYRIZA government cost to Greek people and in what extent did SYRIZA slowdown the economic recovery efforts?
Over the past few weeks, the opposition uses the argument that SYRIZA governance cost about 90 billion euros to Greek society.
The really shocking true, however, is not the actual number that Greek society has to pay, but the conclusion of the European Commission that Greece will return to pre-financial crisis level of 2008 in 2031 instead of 2020 that International Monetary Fund had said in October 2014. In other words, Greek economic crisis is estimated to last about 23 years!
So, it could be said that SYRIZA’s governance over the last seven months cost to Greek economy another eleven years.
Apparently, Mr. Tsipras is not the only one responsible for the financial situation of Greece, but according to the European Commission’s findings, during SYRIZA’s governance the uncertainty and the fact that reforms weren’t implemented reverted the course of economy leading again to recession.
The painful reality is that a few days before the elections, Mr. Tsipras, who promises to implement policies that will end recession, has not said anything about the actual problem, which is development.