Tough decisions ahead as Athens awaits the visit of President Macron

Posted by Antonis D. Papagiannidis 04/09/2017 0 Comment(s) Economia Blog,

It is always risky to rely on external forces for political support. This could be proved soon enough when French President Emmanuel Macron comes visiting Greece at the end of this week.


Just when Greek Labour Minister Efi Achtsioglou tries to introduce tough regulations so as to fight undeclared (or “poorly-declared”), that is black (or grey) employment, or again rules to combat the distressing phenomenon of arrears in the payment of salaries - at times of several months’ duration -  the Macron Government raises a furore in France by going to exactly the opposite direction. That is, by starting the arduous process of liberalizing the labour market towards the (far more flexible) German model.


Also, the much awaited “Future of Europe” initiatives announced by Macron seem to clash with the priorities of Berlin (where, true enough, elections are to be held in three weeks’ time: so positions taken cater to the sensibilities of the German electorate). So, were Emm. Macron to try and get Greek Government support to his own European initiatives, vying for more pronounced “economic” integration dimension in the (supposedly Economic and Monetary Union (which until now is mainly “monetary” in nature), Athens would risk conflicting with Berlin.


Not an easy path to take…


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