Tsipras bets on disaster and does not win



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Friday, September 4, 2020, 00:02

He tries but does not seem to be successful. Alexis Tsipras, every day now, seems to confirm all those who accuse him of having chosen the wrong way to exercise opposition. Who is this; Play the role of “Cassandra” predicting disasters and betting on anything negative.

The SYRIZA president, having served more than a year in the opposition, is having difficulty finding his way and following the easy path. The “no” to everything. Not in the management of the economy by the government, in the management of the pandemic. Two are the most typical examples, in which Tsipras invested in catastrophizing, but developments disprove it, at least so far.

– Last May, about three months ago, the former prime minister made a “black” prediction about the performance of the Greek economy due to the coronavirus and the manipulations of Mitsotakis, granting him the title of “champion” in Greece in relation to the recession.

“The Commission today confirms what we have been pointing out from the beginning: that Greece, due to the Mitsotakis government elections, will unfortunately be the European champion in recession and layoffs,” said the SYRIZA president, awaiting popular reaction against the government. .

So despite the undoubtedly huge impact of the pandemic on the country’s economic situation, the forecast for the second-quarter recession has arrived, which may put it at high levels, but not one that makes Tsipras say it has been confirmed.

15.2% is a high percentage, but it is lower than the second quarter recession rates registered in the main European economies. More specifically, in Spain in 2020 it is expected to close with a recession of 22%, in France with a recession of 19% and in Italy with 17.3%.

– In early August, Alexis Tsipras was making a new prediction regarding government manipulations around the coronavirus. “… They made mistake after mistake. And even today they continue with the alien policy.” While 110 cases were announced yesterday, almost 40 more than we had on the day the shutdown was announced, the government is increasing the capacity of ships from 65% to 80% and is opening the cruise, “wrote Tsipras on Facebook,” photographing. “Government failure.

A few weeks later, reality does not seem to match this prediction by the SYRIZA president. The cases may have shown an increasing trend, but they do not appear to be “getting out of control.”

Critical detail: Markets also do not agree with Tsipras’ forecasts. It is indicative that after the recession-relevant announcements, bond yields instead of increasing decreased …



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