Editorial: Peddlers of hope

As elections approach it is apparent that despite so many years of economic crisis, sacrifices, and traumatic experiences nothing has changed.

With PM Alexis Tsipras donning the cloak of protector of the poor and punisher of the elite, promises, handouts, and divisive tactics are the order of the day.

In order to limit the magnitude of his defeat and rally his political base he is returning to the unforgettable phrase uttered by George Papandreou in the last pre- bailout election: "The money is available."

Not a day goes by on which he and his ministers do not promise something to some group of voters.

After the benefit that the PM dubbed "13th [monthy] pension", yesterday he was more generous and promised to reinstate the Christmas gift [one month's salary] if the economy performs well, adding that he is certain that will be the case.

One minister inaugurated the Thessaloniki metro which is scheduled to begin service in 2020 and then proceeded to abolish highway tolls in his electoral district.

The day before yesterday another minister promised 35mn euro in benefits to the Roma community as he just remembered that they should have better living conditions.

By the last day of the campaign on 24 May, we shall surely be treated to more promises designed to cultivate hopes.

The Eurogroup subtly alluded to the dangers of untrammeled electoral pledges.

Credit rating agencies have also noted the dangers.

Parliament's Budget Office underlined the first quarter drop in revenues.

Still, nobody in the government has expressed any concerns as vote-mongering designed to turn the negative tide recorded in opinion polls is the primary consideration.

Worst of all, the government is signaling to citizens that...

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