The question now remains, how big? Some exit polls had projected a possible outright majority for the left-leaning populist party in today’s snap election in Greece. However, that had always seemed like a bit of a stretch. Still, it does look Syriza will come close. Hopefully some of our European members of the Frog Pond can share some insights into what might happen next. At bare minimum, this would appear to be a shot in the arm for anti-austerity parties and movements throughout Europe.
About The Author
Don Durito
Left of center and lover of photography, music, pop culture, and life. Favorite quote - "There are no innocents. There are, however, different degrees of responsibility" (Lisbeth Salander, from Stieg Larsson's original Millennium Trilogy).
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Alexis Tsipras – a far left politician with charisma. Haven’t seen one like that in a long time.
I’m not hopeful the European project will survive the tough years starting with the banking crisis in 2008 until now. I had become weary by the faultlines in the unity of the EU because the politicians were mainly concerned to expand the territory. Bad policy decisions and an aggressive foreign policy of some members [plus NATO] in Libya and Syria pressured the cohesion. Greece had been the bad apple from the beginning because of fraudulent input with the financial advice from a US Wall Street giant, Goldman Sachs. I voted for kicking Greece out of the Eurozone years ago after the Olympics and spending big bucks. Greece is corrupt and the capitalists don’t pay their share of taxes, very similar to the culture in Italy. Greece was a big spender for military toys, to the benefit of the US (42%) and Germany (23%).
The failed states of Libya and Syria caused a surge of refugees, not only in the region (rightly so) as a burden for neighboring states for permitting terrorist to cross their border as the sectarian/civil war got completely out of control. Thanking Erdogan, Maliki and King Abdullah of Jordan. The stream of refugees has reached European territory to the (dis)pleasure of the anti-EU and anti-immigration populist parties. Onward to a next great war within Europe or perhaps in the Ukraine. Well done politicians, you scum!
Cameron has promised a vote to exit the European Union to seal the fate of the EU project that kept major wars out since 1945. The project was doomed long ago, the EU is in a death struggle.
The Euro lost 20% of its value to the dollar in the last nine months. The ECB voted for controversial measures by a split vote of its members in a desperate attempt to give a boost to a failing economy and unemployment rate near 12%. This is once again a support policy for the banks. Switzerland had cut it’s support for the Euro loose just a fortnight ago.
No doubt Pasok and New Democracy were and are corrupt as hell and caused this mess. Now it is left to whoever can run the country to clean it up. I would not be surprised if Greece does end up leaving EU. Will see what happens. Interesting times, for sure.
‘The failed states of Libya and Syria = the relatively successful states until France, Britain, Turkey, USA, etc. went way out of their way to destroy them. Where can I find a credible analysis of why the west betrayed Ghadaffi? Assad has obviously learned from Ghadaffi’s vain gullibility.
UN mandate with support of Russia to protect civilians in the town of Misrata, under attack by Gaddafi forces.
○ US Congress: Justice Undone, the Release of Lockerbie bomber | Dec. 2010 | [pdf]
○ Never Again? Obama’s Big, Risky Plan for Preventing Global Atrocities | PSD-10 | Aug. 2011 |
Interview with Yanis Varoufakis, tipped to be Greece’s new finance minister at The Real News. For years Varoufakis has been one of the few economists that I’ve appreciated. This change is exciting enough to me that I wish I could move there and personally watch how this all develops.
Tsipras has been sworn in and the euro seems to have been flat all day. Maybe the money people know something we don’t and the fix is already in. Well the would, wouldn’t they?
The election result was no surprise, polls had indicated a big win for Syriza . Already a new government coalition has been formed [the Dutch take between 3 to 9 mo.] and the new PM Tsipras has been sworn in. Guardian headline: Eurozone Crisis Live!
○ Euro/US Dollar Forex Rate
S & P is already threatening Greece with a downgrade if it doesn’t behave. Go Team USA!
Here’s Greece’s Simple Message to Outsiders
What about Germany’s Angela Merkel?
○ Tsipras Victory Draws French Invitation, German Warnings
France and Germany seem to be playing “good cop/bad cop”.
Or maybe Hollande suddenly recalled that he’d long espoused socialistic economic positions and Merkel has long been far to his right.