However the program has repeatedly not succeeded in its declared objectives. Both on fiscal consolidation and structural reforms as well as on the growth rate as the unprecedented unforeseen recession, has entered its fifth consecutive year. The delayed implementation of the agreed structural changes, the overemphasis on tax raises instead of expenditure cuts, combined with the ambiguity regarding Greece’s future in the Eurozone, led to a major loss of confidence inside Greece, a freezing of new investments and the general suspension of new economic initiatives, as well as to the mass flee of capital abroad. The country is becoming poorer and poorer with higher and higher rates of unemployment (21%) and too many inactive economic resources.
On 21 June 2011 ALDE presented a comprehensive proposal for Greece's exit from the crisis. In the preamble of this proposal it was stated that the strategy that is being followed for Greece is not comprehensive enough, insufficient, it "comes after the