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Thus, if the suspension of payments on the foreign debt by itself has no serious consequences for the terms of lending to a given country in the short term, in the medium and long term the amount of haircut on its debt seems to have a catalytic effect.

As for the government, it will try to retain power by the G20 summit of November 3^rd. Then it will propose another initiative for national consensus so as to continue the contract, and in the case of failure, elections will follow.

Creating polarization

The decision of some ministers to "harden" their position against members of parliament from the governing majority points at such polarization. «This is the end to the attempts to act with good will, either they will accept the situation and support the choices that the government has made, or they will overthrow it", this is the most typical phrase heard after "Fire", which was opened during the last meeting of the Council of Ministers against those members of the Parliament who disagree with the bill.

Double "strike" by Venizelos

Government members remained dumbstruck yesterday during a financial committee meeting in parliament when they heard Minister of Finance and Deputy Prime Minister Evangelos Venizelos not only not improving the controversial art. 37, which postpones by two years sectoral agreements, but also extending that suspension until the "end of medium-term programme" – or in other words, until the country emerges from the crisis - because "this is what the Troika wants in order to approve the sixth instalment."

Before lawmakers came to their senses, a second blow was dealt by Mr. Venizelos, in relation to tax "bombing" postponed for 2012 - namely, they will begin with the January payment.

"What are we going to do?"

The only question being asked in the parliamentary group of the governing party was "What are we going to do?". After the challenge from Venizelos from Tuesday ("If you disagree, overthrow the government, otherwise do not discredit yourselves!") almost all have realized that,"You can't have your cake and eat it". So they prefer silence, at least for now.

Definite "no" from Louca Katseli

The government considers as ertain only the "no", from Louca Katseli (former Minister of Labour and Social Welfare), believing that ultimately the MP Sophia Yiannaki will give way.

Thomas Robopoulos I will resign on Monday

"I will resign on Monday and let the next MP take my place. I cannot be in a Parliament in which I cannot decide." This is what MP Thomas Robopoulos said on Friday morning on the radio" Thessaloniki".
If he does not change his mind, his place will be occupied by actress Mary Akrivopoulou and the governing party will not lose the 154 MPs, which it has in parliament today (compared to the 160 MPs, elected with its colour during the elections in 2009).

Thomas Robopoulos had also threatened in June that he would vote against the medium-term programme, however at the last moment before the vote, he changed his mind.