Happy new year?

The start of the new year finds Greece pretty much where the last two years have left it. The country’s Eurozone membership is still in question. The much-debated reforms are still pending and new measures for fiscal consolidation are still being considered. Financial stability is still not ensured and the viability of public finances is far from guaranteed. Tax evasion has still not been tackled and the recession continues apace. More importantly, and despite the political change, the government’s plans also remain the same. More wage cuts, more spending cuts, more taxes and, subject to all these, if and when conditions allow, a bit more –just possibly a teeny weeny little bit more– public (and private?) investment.