Why privatisations in #Greece won't happen

The Guardian had an article today discussing whether the Greek government can achieve its "ambitious" privatisation plan. It was a valiant effort at understanding what may not work, but they got it all wrong. Here are the real reasons privatisations won't happen.
international debt Greece privatisation economy corruption
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Theodora Oikonomides @IrateGreek
.@plegrain tweeted a @guardiannews article abt challenges for privatisations in #Greece http://t.co/CxCSyD9 Here's what will really happen.
Theodora Oikonomides @IrateGreek
#Greece @plegrain @guardiannews Once privatisation commission starts work, pressure by MPs & labour unionists who want to be MPs will start.
Theodora Oikonomides @IrateGreek
#Greece @plegrain @guardiannews Under pressure, privatisation commission will exclude this or that chunk of each asset from privatisation.
Theodora Oikonomides @IrateGreek
#Greece @plegrain @guardiannews Eg privatisation commission will develop arcane rules for labour rights to please such or such unionist.
Theodora Oikonomides @IrateGreek
#Greece @plegrain @guardiannews Or privatisation commission will exclude from privatisation a plant in electoral district of such & such MP.
Theodora Oikonomides @IrateGreek
#Greece @plegrain @guardiannews The paperwork for privatisation will then go to the relevant ministry for processing.
Theodora Oikonomides @IrateGreek
#Greece @plegrain @guardiannews The paperwork for privatisation will be revised & annotated by minister, deputy, sec-gen, special sec, etc
Theodora Oikonomides @IrateGreek
#Greece @plegrain @guardiannews By the time the privatisation paperwork reaches the employee who must process it it will be incomprehensible
Theodora Oikonomides @IrateGreek
#Greece @plegrain @guardiannews The employee will go on holiday (hey, it's August). The privatisation paperwork will end up in a drawer.
Theodora Oikonomides @IrateGreek
#Greece @plegrain @guardiannews While the employee is on holiday, someone influential will have the head of department removed & transferred
Theodora Oikonomides @IrateGreek
#Greece @plegrain @guardiannews When the employee comes back from holiday, there will be no head of department to sign off the paperwork.
Theodora Oikonomides @IrateGreek
#Greece @plegrain @guardiannews The privatisation paperwork remains in a drawer until a new head of department is announced (min 2 months)
Theodora Oikonomides @IrateGreek
#Greece @plegrain @guardiannews When the new head of department moves in, he'll ask a different employee to do the paperwork all over again.
Theodora Oikonomides @IrateGreek
#Greece @plegrain @guardiannews When paperwork starts working its way up administration a zillion other influential ppl will have intervened
Theodora Oikonomides @IrateGreek
#Greece @plegrain @guardiannews Director will ask for corrections. Then special sec. Then sec-gen. Then deputy minister. Then minister.
Theodora Oikonomides @IrateGreek
#Greece @plegrain @guardiannews Paperwork will find its way back to the employee to implement all the "corrections" demanded by high-up ppl.
Theodora Oikonomides @IrateGreek
#Greece @plegrain @guardiannews 6 months later, paperwork is still going back & forth inside the ministry. Employee goes on maternity leave.
Theodora Oikonomides @IrateGreek
#Greece @plegrain @guardiannews A new employee takes over, & because he can't make sense of what was done, starts all over again.
Theodora Oikonomides @IrateGreek
#Greece @plegrain @guardiannews Head of privatisation commission has already had a nervous breakdown anyway (provided he's honest -doubtful)
Theodora Oikonomides @IrateGreek
#Greece @plegrain @guardiannews But all this matters not, because while the paperwork is shuffled around, the country has defaulted.
Theodora Oikonomides @IrateGreek
#Greece @plegrain @guardiannews This is the real reason privatisations will never take place. All the rest you read and write is literature.

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