The next six months are crucial

Since July's general election, there has been a sense of optimism regarding the country's course, especially in business circles, inside and outside of Greece. As we learn in the first lessons in economics, "climate is everything." At the moment, we have a winning combination of trust and euphoria.
But, how long will it last? The government needs a few quick wins to convince skeptics that something is really changing. The prime minister has evidently decided to avoid delivering any major shocks, such as the closure of the overindebted state mining company Larco, or the dismissal of the surplus of fixed-term contract workers in the public sector - and rightly so. He is not just wary of the political cost that the government would incur or of awakening memories of his father Konstantinos Mitsotakis' administration in the 1990s.

Avoiding extreme moves also deprives the...

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