Thursday, May 6, 2010

Divided, Greece is bound to fall

Financial Times Editorial
May 5, 2010

The conflict over how to handle Greece’s debt crisis darkened on Wednesday as three people died in a fire after riots. But it left abundantly clear that unless George Papandreou, the Greek prime minister, can unite the political class and a large majority of the people behind his austerity programme, it stands no chance of succeeding.

The deaths were a tragic consequence of some protesters’ vandalism rather than outright killings in clashes with police. Still, they are more likely than not to inflame passions further and stiffen opposition to Mr Papandreou’s International Monetary Fund-sponsored deficit-cutting plan.

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