Greece Oxi Victory by Landslide - Path to Revision In Europe

Under “leadership” of Germany’s Chancellor Angela Merkel, the European Commission wanted regime change in Greece. Europe got served a big NO to years of austerity with lack of hope for growth and employment. A new generation of Greeks young people are at an unemployment rate of 60%. Under coercion of the US and the Obama administration, the IMF launched a damning report over European policy towards Greece just days ahead of the referendum: vote Yes or vote No.

EC chairman Juncker wasn’t helpful by making a statement about Greeks and a suicide vote. Due to the harsh austerity measures, Greece has suffered an increase in suicides. Dutch financial chairman for the EC Jeroen Dijsselbloem, a true genius in math numbers [think Robert McNamara], never could cope with financial input of simple elements: people. The European PR campaign [propaganda] has simply failed to convince the Greek people. In Greece I heard one simplified slogan: “Do we want a Europe of founding principles or one of funding principles.” Funding as in harsh austerity programs with an insurmountable debt level that can never be repaid.

Greek referendum no vote signals huge challenge to eurozone leaders

Greece delivered a landslide no vote to the eurozone’s terms for the country remaining in the single currency on Sunday night, unleashing a seismic political shift that could derail the European project. The verdict confronts the EU’s leadership with one of its most severe crises of confidence and leaves Greece facing potential financial collapse and exit from the euro.

Greece’s prime minister, Alexis Tsipras, is addressing the nation now …

Tsipras: We have proved democracy cannot be blackmailed

Today, he says, Greece has proved that democracy cannot be blackmailed; Greeks have made a brave choice, and one which will change the debate in Europe. I understand that voters have not given me a mandate against Europe, but a mandate for a sustainable solution. And he warns that there are no easy solutions — but a fair solution can be found, if both sides want it.

« click for more info Victory by Syriza party of 60% to 40% in polarising referendum presents nightmare for eurozone elites, particularly Germany's Angela Merkel

Five years of failed austerity policies in Greece and a total breakdown in trust between the leftwing Syriza alliance and the political leaders of its creditors climaxed in a national vote in which Greeks said no to the spending cuts and tax increases demanded by its lenders.

As the magnitude of the result became clear, thousands of no vote supporters began pouring into the central Syntagma Square in front of the parliament in Athens to celebrate, waving Greek flags and chanting “No, No.”

The sweeping victory for Tsipras, who challenged the might of Germany, France, Italy and the rest of the eurozone, represented a nightmare for the mainstream elites of the EU. Germany’s vice-chancellor and social democratic leader, Sigmar Gabriel, said Tsipras had burned his bridges with the rest of the eurozone. But the Greek leader believes he has strengthened his negotiating hand.

The European Commission has issued a statement, saying it “takes note of and respects the result of the referendum in Greece”.

It also reveals that Jean-Claude Juncker is now speaking with all eurozone leaders, and other key figures in Europe.

The European Commission takes note of and respects the result of the referendum in Greece

President Juncker is consulting tonight and tomorrow with the democratically elected leaders of the other 18 Eurozone members as well as with the Heads of the EU institutions.

He will have a conference call among the “Euro-Institutionals” (with the President of the Euro Summit, the President of the Euro Group and the President of the European Central Bank) on Monday morning. He intends to address the European Parliament in Strasbourg on Tuesday.