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Finance Minister: Hope for struggling Greeks

January 18th, 2013
10:47 AM ET

Greece's Finance Minister Yannis Stournaras tells Becky that the days of harsh austerity measures could soon be over. In an interview in the capital Athens, Stournaras says the country's coalition government is strong – and while 2013 will be tough – there is light at the end of the tunnel. The Finance Minister told Becky that he believes the opposition is obsessed with the so-called "Lagarde List" because they lack credible arguments.

Greeks have lost trust in their politicians

Filed under:  Becky's Interviews • Euro crisis • Video
soundoff (2 Responses)
  1. christos grigoriadis

    If they "implement the program correctly", official unemployment rate will rise to over 30% (there are no statistics for actual unemployment), the unemployed will get much less allowance but will have to pay more taxes!!! Mr Yannis Stournaras probably has never watched a young 28 years old mother with 3 children unemployed over 2 years crying and begging for 1-2 euros in front of a super market store. He doesn't care. We have never watched decent people begging before but we care. The employed will also have to pay more and more taxes, either directly or indirectly, while at the same time their wages are dramatically diminished. They already can't afford to pay the taxes of 2012, the heating gas, fuel to move their cars to go to work, their home loans, some of them are having a hard time paying the electricity bill. Nevertheless, if we dropped euro, we would... suffer and starve!!! We already do and this is what makes the political (and social) stability in Greece look like a bad joke. The employed paid more taxes and a special tax to provide allowance to the unemployed. This money never went to the "needy" unemployed who now get less allowance if, of course, they are privileged to get one, since it is very hard to be approved!!! These three-men coalition government looks like The Three Stooges. The only care for their personal political survival. The so called "political changeover" system has already collapsed, nobody trusts it anymore. How could he? The "light at the end of the tunnel" was supposed to be seen within 2012 back in 2010. Still the tunnel, no light. More promises, more dark. The so called Langarde list was a common secret to the political system since almost everybody is involved in it. I'm afraid Mr Stournaras will not be so much respected very soon. Liberalization of the market? What for? The greek worker was already getting paid an indecent minimum monthly wage of 700 euros while he had to pay a rent of 300 euros for a not so decent appartment. Guess where the 40% of the rent goes to... You found it, tax! The current political system never helped the private sector to expand. It needed its voter to beg for a civil servant job in exchange for his vote!!! It still does!!! No need to wonder why the Qatar pulled out of the real estate deal. They probably refused to bribe our decent politicians!!! No privatisation project will be fulfilled unless, of course, the investor pays richly our... proud and caring politicians!!!

    January 18, 2013 at 9:05 pm | Reply
  2. imaginethetime

    What else can we expect from a crooked politician other than lies? The Lagarde List is only one of countless scandals and if the opposition looks obsessed is because they just want to hold on to something in hope they succeed to show how this government is so deeply corrupted....

    April 30, 2013 at 1:09 am | Reply

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