At the invitation of Prof. Stathis Kalyvas, Arnold Wolfers Professor of Political Science and co-chair of the Hellenic Studies Program (HSP) at Yale University, on November 18, 2015 I gave a lecture entitled Myths and Realities about the Role of the IMF in the Greek Crisis: A View from Within.
One of the neologisms of the Syriza government is “honest compromise”. It is related to the term “political solution”, which predates the Syriza administration. Both terms are typically used when Greece nears a deadline for the disbursement of an installment under the bailout program in effect at the time, and they both mean the same thing: Renegotiation of an earlier commitment.This is not an “honest compromise”; it is a dishonest negotiating tactic.
With the third bailout program under way, and the new general elections now scheduled for September 20, many analysts reasonably wonder “What will be different this time?” Without a dramatic change in Greece’s political decision-making, the answer is “nothing”, because the principal decision- makers are beset by ignorance and are supported by media that continue to feed myths and misinformation about the origin, developments and possible resolution of the Greek economic crisis.