Posts Tagged ‘Greece’

Syriza: a wake up call for the Left in Europe

by Bob Clay.

It was a little disappointing to read Dave Osler’s piece about Greece. The present situation is not just a judgment call for the Greek Left but for the Left in Britain and the rest of Europe. I have also been in Greece recently and although my time was spent in Crete rather than the hell […]

The stark choice facing the Greek people

by Ben Folley.

It is difficult to imagine the impact of austerity in Greecefrom here in the UK. Aside from the stark imagery of pensioners eating from bins, students forced into prostitution and children being abandoned in increasing numbers, the statistics make for uncomfortable reading. In February The Guardian reported that planned 15% wage cuts – on top of 30% already […]

Syriza: judgement call for the Greek left

by David Osler.

David Osler reports from Athens. Only four months ago, tens of thousands of marched on Syntagma Square to stress their rejection of externally-imposed austerity, and dozens of buildings burned to the ground as rioters battled it out with police on the streets of Athens. But the mood in the Greek capital this week is completely […]

Greece: Answering the critics of a united front against austerity

by Kate Hudson and Andrew Burgin.

Greece stands on a precipice. There can be no return to the old politics there and a revolutionary situation is emerging amid the chaos of everyday life. The classic conditions for revolution are present: a working class no longer prepared to live in the old way and a ruling class no longer able to rule […]

An open letter to the leaders of Europe: abandon the Euro’s ‘gold fetters’

by Ann Pettifor.

On May 15th, in what can only be described as an act of coercion, an impoverished and effectively insolvent Greece acceded to the handover of a bond payment – €436 million – to private financial ‘vulture funds’. The Greeks had little choice. However, in acquiescing to this handover – facilitated by its paymasters,‘the Troika’ – […]

IMF’s Lagarde has a …….nerve

by Michael Meacher.

One thing the Right is really good at is turning a blind eye as diaster steadily builds up and then blaming everyone else when it happens. Osborne is a past master at this, ignoring the riskiness of deregulated banks and then trying to make the victims pay (‘We’re all in it together’). But Lagarde at […]

Syriza still on course for victory, says poll, but margin remains tight

by Jon Lansman.

Greece’s radical left party, Syriza, is still leading in the race to win the country’s elections on 17 June, according to a public opinion poll for Greek ‘Sky” TV. Syriza is outpacing conservative New Democracy by a four-point margin, with the smaller parties, especially those below the 3% threshold being squeezed. However, New Democracy has also […]

Tsipras confronts neo-liberal blackmail – vote on austerity, not euro

by Ben Folley.

At the weekend, Europe’s neo-liberals stepped up their attempts to blackmail the Greek people into accepting the painful terms of austerity by creating a false debate on Euro membership being the decisive issue in the election. David Cameron, speaking in Chicago, said to them, “you can either vote to stay in the euro, with all […]

Greek Apocalypse Now? Not quite

by Michael Meacher.

Robert Chote, the OBR chair, is normally a serious and measured man, but to say, as he did, that the UK would suffer ‘irreparable damage’ from a Greek default or that the UK ‘may never recover’ is grossly overdoing it – more reminiscent of the saloon bar than the forum of the Government’s leading economic advisers. […]

Greek exit won’t save euro: fundamental restructuring needed

by Michael Meacher.

With the smart money on an early Greek exit, the two main questions to arise are: what will happen to Greece, and what future then for the Eurozone? If Greece leaves, the exchange rate will drop sharply from 340 drachmae to €1 at entry to the euro to perhaps 1,000 drachmae, a loss of value […]

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