From where I sit - an incredibly infrequent set of observations on various affairs from Athens, Greece.
I-R-P-C - The Iron Rule of Press Conferences: you will hear far more yawns than gasps.
So when a room full of Greek journalists went into a simultaneous conniption at last Friday’s EU-IMF-ECB, i.e. Troika, press conference it was a good sign that something had gone horribly wrong.
The O2 suckage in-question was induced by European Union representative Servaas DeRoose’s announcement that the Greek government plans to privatize some €50 billion in state-run enterprises and property over the next few years, €15 billion this year, mainly from the sale of state property.
“Excuse me, Mr. DeRoose,” one Greek journalist asked, apparently disbelieving the translation coming through her headset. “Did you say 5-0 or 1-5 … billion?”
“The first one was 5-0, the second one was 1-5,” DeRoose replied.
DeRoose’s smirk did not seem so much arrogant as it was excruciatingly uncomfortable. This presser was about to take an ugly turn and with it, perhaps, damage the cordial relations that had existed thus far, at least at an elite level, between the Greek government and its international lifeline. Relations between the Troika and the Greek public, on the other hand, are about as good as, say, those between Hosni Mubarak and Tahrir Square.
You see how that worked out.
