Greece in default, Tsipras’ red lines and the significance of the referendum
Greece has been declared to be “in arrears” after missing a deadline for a €1.5 billion payment to the IMF. As a result, worldwide markets trembled for the last few days. Banks throughout Greece are closed to prevent capital outflow and the people are on the streets. The SYRIZA government has called for a national referendum to vote on the Troika’s draconian proposal, urging the public to vote NO in order to return to the negotiating table.
Juan CJuly 2, 2015
Tsipras’ capitulation and the crisis of Syriza
After five months of negotiations, Syriza agreed with the European Union (EU) governments on several proposed cuts last Monday. These agreements look to secure the last phase of the 7.2 billion euro bailout, and prevent the country’s bankruptcy.
Celeste MurilloJune 25, 2015
ENG | Greek elections: With the workers against the capitalists and the Troika
On January 25th there will early elections in Greece, elections which are being followed with huge expectations throughout all of Europe. These elections have emerged as a product of the profound political, economic and social crises that have shaken Greece to its foundations for more than 6 years, placing it at the center of the […]
Left VoiceJanuary 22, 2015
The right wing gets an adjusted election victory
By a narrow margin – of 29.9% to 27.1% – the right-wing New Democracy (ND) party won the June 17 elections, leaving Syriza in second place. Despite this negligible difference, because of the completely anti-democratic Greek system that guarantees control by the traditional parties of the regime, ND received a “bonus” of 50 deputies (that […]
Claudia CinattiJuly 4, 2012