Wednesday, May 9, 2012

Greekonomics

by Paul Mason

BBC News

May 9, 2012

I've interviewed Greek leftist leader Alexis Tsipras once, on a street demonstration. He is, as all commentators say, very smart. Too smart to do something as dumb as take over the government of Greece at this juncture.

In any case, the unwillingness of the Greek communist party, the KKE, to participate in a Syriza-led left government means Tsipras will, like the leader of New Democracy, fail to form a coalition.

So the likely outcome of the week is a presidentially appointed technocratic government, which will rubber stamp measures needed to remain within the rules of the EU bailout, before a new election is called either in June or in Autumn.

What the Eurozone elite and political mainstream then hope is that Greeks "come to their senses", and after a couple of months go back to the traditional parties, New Democracy on the right, and Pasok on the left. Unfortunately this is based on a misunderstanding.

More

No comments: