Monday, September 21, 2015

THE JURY IS OUT

The Greek election is over and the results show how the people(majority) view the actions and mode of handling the #Grexit crisis by the Syriza led by Alexis Tsipras; and their verdict is a vote of confidence on Syriza. This they did notwithstanding that the Syriza party showed signs of self implosion when in the heat of decision making, some of its ranking members and officials backed down by not supporting the negotiations at Brussels led by Prime Minister Alexis Tsipras; in which we all watched how all the tough talks and stands of the Syriza, they bent over and accepted a deal that was viewed by even the International Monetary Fund saw as not sustainably feasible in the long term. However, Syriza led by Tsipras and backed by some of the right wing politicians in parliament went through with it. What is more, Alexis Tsipras noticed the crack in his own party and decided to call an early election; a states man' attitude I must say, and he also wisely used the election to gauge the pulse of the Greek people concerning his handling of the crisis and now the jury is out and no one is in doubt what it is. Moving forward from here, the work will be even tougher for Syriza and its allies. They will need to form an alliance and a government quickly and get down to the business of managing the bailout funds that will roll in so as to stimulate the right kind of growth and instill the needed confidence in foreign direct investment which will take the Greek economy to the next level of self sustenance. The Greece people might not understand the rigorous negotiations behind closed doors to secure a bailout, but they sure understand and care about their bank accounts,the food on their table, affordability of their basic needs and the like. I urge the Syriza and its coalition to settle quickly to work and find ways to rejigg the economy for the sake and good of Greece and Greeks who has faith in their ability to turn the economy around on the route of prosperity. Nwali Theophilus Chinedu

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