Posted on 01/26/2015 6:44:33 AM PST by Nextrush
The far-left Syriza party, the winner of Greece's election, has formed an anti-austerity coalition with a right-wing party, the Greek Independents.
Syriza leader Alexis Tsipras has taken the oath of office as the new prime minister.
He has vowed to renegotiate Greece's bailout, worth 240 bn euros (179 bn pounds, $268 bn).
European Commission head Jean-Claude Juncker congratulated Mr. Tsipras while reminding him of the challenge of "ensuring fiscal responsibility."..........
With nearly all of the votes counted in Sunday's poll, Syriza looks set to have 149 seats, just two short of an absolute majority. The Greek Independents are projected to have 13 seats in the 300-seat parliament....
Sunday's result means that a majority of voters in Greece have essentially rejected a core policy for dealing with the Eurozone crisis as devised by Brussels and Germany, the BBC's Gavin Hewitt in Athens says.....
(Excerpt) Read more at bbc.com ...
This is not accurate.
Independent Greeks broke away from the New Democracy Party (Republican type party) in 2011.
They are opposed to EU austerity adamantly just like the leftist SYRIZA.
Independent Greeks are more like the Tea Party in the US and UKIP in the UK, they are not the fascist Golden Dawn Party.
So this is like a coalition between the Democrat socialists and tea party?
The harsh reality is that Greece does not produce the wealth necessary to support the life style that its northern EU neighbors enjoy. Greece has been subsidized by loans and outright subsidies. If they abandon “austerity” and default on their recently renegotiated loans, they will suffer immensely. No rational investor will buy their bonds or lend them hard currency. They will not be able to import the materials and services that are necessary for modern living. What is left of their brightest and best will emigrate before their final links to the EU are severed. Soon they will be selling their heritage art and even whole islands complete with sovereignty to wealthy buyers who need an independent place of their own. Greece will revert to backwardness and endemic poverty. Socialism fails everywhere.
Haha. Sometimes Inthink conservatives have more in common with OWS than with the GOP.
SYRIZA is not the Democrat Socialist Party in Greece.
The Democrat Party in Greece, PASOK (Socialists) went along with the EU austerity and they have collapsed to only 13 seats (4.7 percent of the popular vote).
SYRIZA is a new left of center party that has risen in the last ten years to replace the old Uniparty Democrat type party that was part of the establishment.
That’s an interesting analysis, but the pathway? The EU treaties do not provide a means to expel a member state. So the EU (Germany in terms of money) is stuck to a degree with the Greeks.
And I am not ready to take the BBC’s characterizations of “far left” and “far right” without more data. The BBC itself admitted to its own political bias — and I doubt they corrected it substantially. It permeates their reporting.
That’s some crystal ball you’ve got...was it made in Germany?
I take it that Syriza is leftist and the Wikipedia entry of Independent Greeks explains that its leader was expelled from the Republican type party (New Democracy) for refusing to vote for a pro-EU austerity government and other ND members joined him to start the party.
The Independent Greeks are described as anti-immigration, among other things.
This makes then look like UKIP in the UK or the Tea Party in the US.
I am quite interested to see this new Greek Gov’t poke the EU statists and progressives in the eye.
There are some incidental commonalities between conservatives and OWS but OWS starts with a fantasy that “the rich” are hoarding the world’s wealth and marxist redistribution is the only way to fix it.
The tea party says “the rich” are free to accumulate all the wealth they please but don’t want them intertwined with government in a symbiotic relationship that protects them from competition and relies on taxpayers to save them when they stumble.
Our commonalities with OWS are like intersecting lines where we cross paths but that’s all.
Except they are opening themselves to real problems. Greeks toy with Communism because they believe it comes with free ponies and bouncy castles.
I say “Let ‘em crash”.
SYRIZA is not the Communist Party in Greece. The Greek Communists got 15 seats in this election.
Nice succinct analysis.
Wow. That was fast. One day between the election and swearing in.
Now I'm just going to sit back and watch the fireworks.
Kinda like the Mexico of Europe, but without the oil!
LOL
Except that the Tea Party is not “anti-immigrant” (unless you are part of the MSM) the TP is anti-illegal immigration.
Same goes for UKIP.
There is considerable difference.
I am glad the German National Socialist (NAZI) inspired party (New Dawn) came in fourth in the balloting.
Except in this case, the eye they're poking is their own...
Cuba has crippled along for years, on an economy that was based mostly on begging from other wealthier nations that felt pity, or had a guilt trip put upon them. Perhaps Greece can trade on the same kind of “poor little me” because they have such scarce resources.
After all, the world OWES the Greek nation a living. < /sarc >
“Sunday’s result means that a majority of voters in Greece have essentially rejected a core policy for dealing with the Eurozone crisis as devised by Brussels and Germany”
Indeed. A sound rejection of paying back all that other peoples’ money you’ve already spent while at the same time expecting to demand plenty more new other peoples’ money from the same folks you’re refusing to pay back the first batches of other peoples’ money to. Given their level of knowledge and wishful thinking about the way the world works, sounds like Greek voters would make perfect Democrats in the U.S.
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