Iruzkinak (3)

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  joseba says:

  2015/08/12 at 20:47

  Greek Bailout Goes to Servicing the Debt

  http://therealnews.com/t2/index.php?option=com_content&task=view&id=31&Itemid=74&jumival=14455

  “… And if Greece does not get, as the IMF staff now plainly acknowledges, a dramatic writedown of its debt or equivalent measures, then its debt will remain unsustainable. And it almost certainly is going to default eventually, and that would precipitate in all probability an exit from the eurozone.”

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  joseba says:

  2015/08/12 at 21:01

  Greece isn’t fixed…by a long way – August 12th 2015
  http://www.viewfromthebridge.co.uk/2015/08/12/greece-isnt-fixed-by-a-long-way-august-12th-2015/

  “The bail out is a cynical ruse, not to benefit Greece as a whole, but to benefit the banks and other creditors (the ECB and the IMF) who should take their medicine and move on. The one thing keeping the whole blighted euro project in place is an arrogant denial of the facts. A loss of political face now is a small price to pay for a much better outcome that will disadvantage far fewer people than the disorganised chaos into which Euroland will descend if the current bunch of lunatics are not put back in the asylum. Is this a Europe we want to be part of?“

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  joseba says:

  2015/08/14 at 06:52

  Escaping the Euro Dream
  https://www.jacobinmag.com/2015/07/germany-greece-austerity-grexit/

  “This defeat [Greece’s] represents an occasion to reflect, ask questions, and exercise some self-criticism. The capitulation of the first genuinely leftist government within the European Union since the outbreak of the economic crisis to the German government and the other European governments that follow Germany’s lead is ultimately our own defeat, and a defeat for the entire European left as well.
  (…) the central premises of the Greek government’s political strategy — the non-negotiability of staying in the eurozone while simultaneously rejecting a politics of austerity — would not (and could not) have had any other result. Ultimately, this strategy gave the Greek government no choice but to submit to the diktat of Merkel and Schaeuble.
  (…)
  A Left-Wing Grexit
  (…) remaining in the eurozone would mean further austerity and immiseration, the de facto abandonment of democratic and parliamentary competencies, and a historic political test for Syriza as a party. Remaining in the eurozone has forced the Syriza government — at least for now — to switch tracks from being a bitter enemy of austerity to the executive organ of the troika dictatorship in Greece.
  (…)
  The responsibility for the mistake of not preparing a Plan B and not fighting to win over majorities in favor of such a strategy is not that of Syriza alone — it is the responsibility of the entire European left. (…)
  Shattering the EU Illusion
  (…) The construction of the euro and Germany’s aggressive export strategy are harmful to economically weaker countries like Greece, particularly since the various states do not share a common or coordinated economic policy.
  (…) to build an “oxi” to neoliberalism and austerity that truly earns its name.