Tuesday, January 27, 2015

SYRIZA's victory in Greek elections is the Troika's and Germany's fault!

http://www.cfr.org/greece/syriza-victory-would-mean-europe/p36017
As expected, the victor of the Greek Parliamentary elections in 2015 is the so called "radical" leftist party, SYRIZA.

A day after the party won the majority in the Greek Parliament, only the markets from the international community were quick to react. As result the euro fell even further against other currencies.
 
Greece's European partners have been slow to comment on the party's leader Alexis Tsipras' victory, or congratulate him.

The outgoing Greek Prime Minister Mr. Samaras, has even avoided to welcome Mr. Tsipras in his new residency as Greece's next leader, as it is the custom.

Their response clearly shows their annoyance or perhaps awkwardness, if not their ignorance and bad manners.If you are a politician with a good ethos, you treat your opponent with the expected respect, even after your defeat.

Yet throughout Europe and especially in other EU member states under an austerity program, the SYRIZA victory was welcomed by leftist or anti-austerity parties. Many citizens across the union received the news as a new hope deriving from the Greek result. But others are more skeptical.

In reality, it is too early to say that the new development coming from Greece can be perceived as "hope". Because if SYRIZA or Mr. Tsipras himself want to ever get reelected for a second term, they will have to negotiate with Greece's creditors.

If they stick to everything that they ever promised, most likely they will lead Greece in a very dangerous territory and direct coalition with  its European partners, especially Germany or the Troika.

That could mean a much feared "Grexit" from the euro, that would result to more hardships for the already troubled Greek economy. And if that happens, the Greek voters will be reluctant to vote SYRIZA back to power.

On the other hand we find ourselves in a peculiar situation, that the two extremes should be avoided. Either if Mr. Tsipras does everything that he promised, or none of it, the outcome could be equally damaging for his party.

If he does not proceed with the much promised reforms and demands from the Troika to end austerity, then the Greek voters will turn to another party to fulfill them.

And here comes the tricky part. Because as much as hated SYRIZA is by the European bourgeois, there could be a much worse result than this in the next elections, following Tsipras' hypothetical failure.

On last Sunday's elections, the far-right party Golden Dawn, has kept all of its seats in the Greek Parliament, remaining the third party in the country.

If the Europeans do not want to negotiate with Tsipras and bow to at least some of his demands, then the EU should be prepared for potentially its first Neo-Nazi government, the first since WW2.

These elections have showed that the Greek electorate did not just vote for Golden Dawn by "mistake,"or as a protest vote. The party's voters have conscientiously chose to  maintain their support to it.

It should act as a wake up call for Europe's leaders. With the far-right rising everywhere across the continent and as Golden Dawn is far more radical than SYRIZA, the Troika and Mrs Merkel ought to better be willing to compromise with Tsipras.

Besides, that is all the Greek people want; some relief after six years of austerity and the return of hope for their future. They want to see investments and new jobs, while the country's economy to start growing again.

The majority do not want to leave either the EU or the euro-zone and if such tragedy ever happens, it will not be Tsipras' fault, but the Troika's. To their feet and those of the German political elite, we should lay the blame for the Greek elections result.

If they were a bit more lenient and compromising over the past six years towards the troubled economies of Europe, we would not have such dilemmas now.  They currently have no other option but to negotiate, allowing SYRIZA to implement at least some of the policies that it promised.

It is outrageous though to think that Europe did not learn from its past mistakes. We have been in similar situation just before WW2 in Germany itself. How could anyone ignore history's lessons?

When you apply such catastrophic policies and ruin a country by all means, it is inevitable to get some extreme reaction by the voters. They always turn for radical parties.

How on earth did the German and European leadership ever hoped, that they could treat the Greeks as they did and get away with it, after what happened in Germany in the past. Unless of course they do aim to destabilize Europe for the long term.

Only a fool would believe that with an ongoing economic crisis and such harsh austerity measures, the Greeks would be afraid to turn to more "radical" parties. Especially after the scaremongering campaign by Mr. Samaras' government, plus those of the German and EU officials.

We know that these tactics do not always work; in Ireland the European bourgeois lost too many referendums in this way. Why keep taking this risk, by disrespecting democracy and the needs of the people?

If Mrs Merkel and the Troika even manage to force Tsipras to back off his expectations plus deal with the Golden Dawn, they better get prepared for more future turbulence. Because Spain is due to vote for its next government by the end of this year.

And the Spaniards who are also fed up with austerity and especially after SYRIZA's victory, are as well expected to turn to the "radical" leftist party Podemos. This could lead to a domino effect, with more and more EU member states possibly following suit.

A European Union with a strong and organized Left, should be a great result for Europe's workers and ordinary citizens. But not for the continent's elites. So one would anticipate a quick compromise from their part.

It would be much preferable to deal with Tsipras now, allowing him to relief his voters from some of the heavy debt burden. In fact austerity as a policy across the EU should be reconsidered, for the very important task of gaining the public's trust and support in the European institutions again.

This economic crisis has done a great damage on the citizens' confidence in them, due to the fact very few policies are aimed at their interests or the greater good.

The EU has merely become an economic experiment, hijacked by almost fanatic economists, lobbyists and bankers that seem to be ignoring the reality of millions of EU citizens. For them, succeeding with their projects at all costs is of the utmost importance.

The euro and its economics, or any of its financial institutions should exist for the betterment of a society as a whole, not just the privileged few. No nation should suffer for the survival of a currency. In the end I believe that our leaders have got their priorities totally wrong in this.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.