Log in
A+ A A-

Outgoing Euroworking Group chief: This government embraced the memoranda like no other

"No Greek government has embraced the aims of the program more than the present one," said Thomas Wieser in an interview with the Swiss newspaper Neue Zürcher Zeitung.

And he added that "after an eight-year memorandum, Greece not only can stand on her feet, but she is even obliged to do so", while he notes that things have only improved in the last year.

The Austrian economist who has been living for the past six years the European crisis, from within, as the head of the EuroWorking Group, is now leaving this position.

"We are convinced that after an eight-year adaptation program, Greece can not only stand on its feet, but it is even obliged to. Because these programs in the long run are particularly detrimental to the legitimacy of the domestic political system. Of course, the reforms of recent years have not turned Greece into Switzerland or Luxembourg but have eliminated the imbalances and mistakes," he said in an interview with the Swiss newspaper Neue Zürcher Zeitung, answering whether Greece will be able to stand on its feet after in August.

In Greece, there is a tendency to attribute responsibility to foreigners, Wieser commented, noting that the causes of the crisis have not been addressed, as has been done in other countries. And he stresses that rescue programs can not really achieve profound cuts in society.

"This is a job of the politicians and citizens of each country," he stresses. "They have to exercise self-criticism and look for the causes of the crisis. From all the countries of the crisis this was best achieved by Ireland. Well, things went well in Spain, somewhat less well in Portugal and Cyprus. In Greece we do not see it yet. There is a tendency to attribute responsibility to foreigners. But only when a government embraces the goals of a program, can its implementation work, and convincingly explain to citizens the necessity ... This was not the case in Greece, with any government. Things have unexpectedly improved only in the past year. "

In the same interview, Wieser did not fail to comment on the time when Yannis Varoufakis, as Minister of Finance, negotiated with the Europeans. And he speaks ofwrong tactics, which cost a lot of money to the Greeks.

"What I remember most is that Varoufakis spoke in a monologue and was not interested in dialogue. This is also explained by the fact that, from the outset, he followed the strategy of not reaching an agreement with the European partners. And for the purpose at the last moment and thanks to the panic that would be created to get a lot of money unconditionally. It was a wrong tactic that cost the Greek people a lot of money, growth and employment," he said.