Main opposition New Democracy MP Simos Kedikoglous aid in an interview on RT that the European Union has not done enough to help Greece adding that our country was the weakest link in “a chain that was not well constructed”. He said that it is a problem when you promote financial integration without having political integration. “I think it is the time for big decisions in the European Union”. More austerity measures and a new property tax are being outlined for Greeks, as the economy struggles to escape the clutches of debt. Kedikoglou blames the EU for the country’s crisis, saying it was used by the Union for its own benefit.
The politicians in charge of the EU have given up too much power to the financial establishment, as Kedikoglou calls it. People never elected those financiers, never voted for them, but they have more power than the elected leaders, the lawmaker states.
The Greek government has been making mistakes for the past years, admits Kedikoglou, but it is not the only reason for the current dire situation. “We could and should have done more in our good days,” he said. But now EU countries like Germany are benefiting on Greek problems and on “help” to this South European country, by lending money at high interest rates.
The EU destroyed the Greek farmers’ households and now the country cannot feed its own people and has to import meat, wheat, and even cooking oil. One of the main assets of the country’s economy has been destroyed, stresses the MP.
Another reason of the recent gruesome situation in Greece hides in the way it entered the Union, believes Kedikoglou. “The decision to join [the] EU was a wise one. The way we entered the monetary union was the wrong one,” he says. The drachma–euro calculation was not correct, and nor was the transition to the new currency correct either. That led to hike in prices, the lawmaker explains.
EU investments were made only to sell, but not to develop. The consumerism produced no benefits for the Greek economy, but made it dependent on the EU lenders, highlights Kedikoglou. Germany in particular has made much more money out of Greeks than Greece borrowed from it, he adds. “But we don’t want to sell out Greece,” says the MP.
What the EU and the Central Bank are proposing is not working and will not solve problems, but rather will create even more problems, continues Kedikoglou. Raising taxes for the economy in deep recession is no cure, he insists.
However, Greece has its own potential to survive the recent crisis and Mr. Kedikoglou believes in the perspectives of his country. He gave examples of the energy sector, tourism, real estate and high-technology – sectors that should drive the country to stability and prosperity. He also stressed that he sees Russia as a crucial partner in the future development of Greece.