AIRLINK 74.00 Decreased By ▼ -0.25 (-0.34%)
BOP 5.14 Increased By ▲ 0.09 (1.78%)
CNERGY 4.55 Increased By ▲ 0.13 (2.94%)
DFML 37.15 Increased By ▲ 1.31 (3.66%)
DGKC 89.90 Increased By ▲ 1.90 (2.16%)
FCCL 22.40 Increased By ▲ 0.20 (0.9%)
FFBL 33.03 Increased By ▲ 0.31 (0.95%)
FFL 9.75 Decreased By ▼ -0.04 (-0.41%)
GGL 10.75 Decreased By ▼ -0.05 (-0.46%)
HBL 115.50 Decreased By ▼ -0.40 (-0.35%)
HUBC 137.10 Increased By ▲ 1.26 (0.93%)
HUMNL 9.95 Increased By ▲ 0.11 (1.12%)
KEL 4.60 Decreased By ▼ -0.01 (-0.22%)
KOSM 4.83 Increased By ▲ 0.17 (3.65%)
MLCF 39.75 Decreased By ▼ -0.13 (-0.33%)
OGDC 138.20 Increased By ▲ 0.30 (0.22%)
PAEL 27.00 Increased By ▲ 0.57 (2.16%)
PIAA 24.24 Decreased By ▼ -2.04 (-7.76%)
PIBTL 6.74 Decreased By ▼ -0.02 (-0.3%)
PPL 123.62 Increased By ▲ 0.72 (0.59%)
PRL 27.40 Increased By ▲ 0.71 (2.66%)
PTC 13.90 Decreased By ▼ -0.10 (-0.71%)
SEARL 61.75 Increased By ▲ 3.05 (5.2%)
SNGP 70.15 Decreased By ▼ -0.25 (-0.36%)
SSGC 10.52 Increased By ▲ 0.16 (1.54%)
TELE 8.57 Increased By ▲ 0.01 (0.12%)
TPLP 11.10 Decreased By ▼ -0.28 (-2.46%)
TRG 64.02 Decreased By ▼ -0.21 (-0.33%)
UNITY 26.76 Increased By ▲ 0.71 (2.73%)
WTL 1.38 No Change ▼ 0.00 (0%)
BR100 7,874 Increased By 36.2 (0.46%)
BR30 25,596 Increased By 136 (0.53%)
KSE100 75,342 Increased By 411.7 (0.55%)
KSE30 24,214 Increased By 68.6 (0.28%)

imageATHENS: Antonis Samaras, prime minister during one of the toughest periods in modern Greek history, is a late convert to austerity whose penchant for risky politics could now cost him his job.

The Harvard-educated 63-year-old says salvation is in sight for Greece after six painful years of recession.

But to reap the rewards, Samaras warns Greeks must shut their ears to the "gibberish" and "third-world fantasies" of the far-left Syriza party, which is leading the race with promises to end austerity.

That Samaras now finds himself pleading with voters to stick the course of tough economic reforms he himself once opposed is a situation of his own making after his latest political gamble backfired.

In a bold move, he pushed forward a presidential election by two months, hoping to gain time to complete a pending EU-IMF fiscal audit that has frozen Greece's bailout loan payments.

But when parliament failed to elect a president in December, a general election became inevitable.

It is not the first time Samaras has put his career on the line by going down a risky path.

Two decades ago, as foreign minister, he did not hesitate to bring down an entire government over a fight about the official name of neighbouring Macedonia.

And in 2012, as opposition leader, Samaras insisted on terminating a six-month caretaker government under former European Central Bank vice-president Lucas Papademos.

It took back-to-back ballots in May and June 2012 to form a shaky coalition government, stalling Greece's fiscal reforms and sparking speculation that the country was about to be ejected from the eurozone.

Apart from resulting in a Pyrrhic victory for Samaras' own New Democracy party, the 2012 elections also gave a huge boost to anti-austerity groups such as radical leftists Syriza -- which now seek to replace him -- and put neo-Nazi party Golden Dawn in parliament.

Samaras at the time promised to do everything to keep Greece in the euro, but also argued for an easing of the terms of the EU-IMF bailout.

Foreign creditors and EU capitals geared up for a fight -- but once in power, Samaras jumped on the austerity bandwagon.

Copyright AFP (Agence France-Presse), 2015

Comments

Comments are closed.