Galery

1

The political situation is quite complicated and I am not sure that under pressure from the farmers’ blockades and whistles there will not be three government MPs to bend down, resulting in the bill not being passed.

But I cannot predict what might happen afterwards because reforming the pension system and cutting the costs for it by 1% of GDP (1.8 billion euro) is a commitment that the country took on in August last year.

Therefore, even if a new government comes, this commitment must be met. I do not know under what political conditions something different could happen.

However, all options are open and my opinion is that we are about to experience a period of uncertainty and instability, like that in 2015 with the fear of Grexit, with disapproval of the measures applied and therefore of the money tranches on the part of creditors, etc.

We have a government that promised many things to so many people but the promises were nothing more than lies, because they are totally unrealizable. I am not sure that having signed and begun to implement the memorandum despite its initial promises to do just the opposite, this government will be able to convince the public of the necessary changes.