ALL GREEK TO ME: Tsipras ahead in new poll as Samaras economic rationalisation becomes more Dali than Draghi

A roasting not roosting for Samaras the chicken
Greek Prime Minister Antonikis Scamaras yesterday leveraged his olive-stone brain to change tack on the economic recovery process for his country. Last November, he declared Greece to be in recovery and past the stage of needing help with its debt. Since then, Greece has taken (very quietly under the Schuble/Draghi table) brown envelopes to the tune of 26bn to avoid two defaults scheduled for May and September this year. In the face of this contrarian outcome, Mr Scamyerass has decided that Hellas is now entering recovery, not actually in it as such: the foot is in the door as it were, but the door is rather heavier than anticipated. So in order to actually prise the door open, unemployment must be defeated…for it is ‘a treacherous and tough opponent of society, undermining the dreams of the youth’. As well as being, of course, Brussels-am-Berlin policy.
In the streets of Kalamata last night, joyous crowds of well-wishers surged forward to heap praise upon their local hero. But in slightly less enthusiastic parts of the country, pollsters discovered that – come the forthcoming General Election – ungratefully starving Greeks not benefiting from a brand new tourist motorway to Kalamata commissioned by the Kalamata Samurai himself are likely to give the New Democracy leader a swift boot up the Samararse.

This post was published at Investment WatchBlog on September 2nd, 2014.