Mar 23 β€’ 07:00 UTC πŸ‡¬πŸ‡· Greece To Vima

Will the government's trick with inflation work again this time?

The New Democracy government in Greece has twice lowered the threshold for assessing its economic and social policies, using propaganda to frame rising prices as imported issues rather than domestic failures.

The New Democracy government of Greece has strategically lowered its expectations for its economic and social policy evaluations in response to crises such as the pandemic and the subsequent surge in prices following the lifting of lockdowns. This adjustment has been influenced significantly by external factors, including Russia's invasion of Ukraine, which the government uses to deflect criticism. Their ongoing propaganda contends that inflation is primarily imported while boasting about successes like tax revenue improvements and public debt reduction, attributing these achievements entirely to their governance despite the broader international challenges.

As fuel prices have begun to rise again, the government has benefitted from increased tax revenues from consumers, leading to speculation regarding whether they will implement substantial measures to alleviate the burden on the public. The government's message remains that they have no plans for significant financial interventions as long as current opinion polls remain high, suggesting a willingness to wait until public dissatisfaction is evident before taking action. This approach points to a troubling reliance on the perception of the electorate’s mood rather than proactive governance, potentially leading to deeper economic issues if inflation remains unchecked.

Critics argue that the government's apparent inaction in the face of rising prices and the tax burden on the citizens is indicative of a broader issue within Greek politics, where immediate public sentiment is prioritized over long-term economic stability. As public discontent grows and the economic situation becomes more precarious, the upcoming assessments may force the government to rethink its policies and approach in order to maintain its standing with the electorate over time.

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