Tag Archives: Syriza

Ancient Greece Could Hold The Key To Solving Today’s Debt Crisis By
ATHENS (Interview) — Closing in on a full decade in duration, the Greek economic crisis is unprecedented in the modern history of economically-developed nations. During this period, Greece’s GDP has declined by over a quarter,...
Two Years After Resounding “No” Vote, Greece Still Says “Yes” To Austerity By
ATHENS (Analysis)– It has become an increasingly common sight on Greek streets, even in formerly prosperous neighborhoods. Elderly—and sometimes not so elderly—individuals rummaging through rubbish bins in search of scraps of food to eat. Beggars are now practically...
Greece Forced To Sell Public Water Utilities Under EU-Imposed Privatization Plan By
GREECE — In May 2016, the SYRIZA-led Greek government passed a new comprehensive set of economic austerity policies in exchange for receiving new loans that are intended to keep the country’s fragile economy afloat. This represents the fourth such “memorandum”...
Whistleblower: EU, IMF Manufactured Greek Debt Crisis Through Unscrupulous Accounting By
ATHENS (Interview)– On May 18, a new chapter was written in Greece’s economic odyssey, as the Greek parliament, with the votes of the SYRIZA and Independent Greeks coalition government, approved Greece’s fourth memorandum loan package since the onset of the country’s...
Greece’s New Deal From European Lenders Delivers More Neoliberalism By
GREECE– The Greek government recently reached a new agreement with the so-called “troika” of lenders—the European Commission, the European Central Bank and the International Monetary Fund—on new reforms that are slated to go into effect in 2019. The SYRIZA-led...
Economist Jack Rasmus: Eurozone Benefits The Strongest Economies At The Expense Of The Weakest By
ATHENS — This has been another eventful year in Greece. Almost one year after it turned its back on the July 2015 referendum result which rejected further austerity, the Syriza-led government has pushed forward a program of even harsher austerity, spending cuts, and...
Greece’s Neoliberal Wolves In Anti-Austerity Sheep’s Clothing By
ATHENS — (Analysis) In January of 2015, opponents of neoliberalism and the harsh policies of economic austerity rejoiced at the electoral victory of Syriza in the Greek parliamentary elections. Touted as the “first-time left,” the new Syriza-led government was...
In A Mess Of Corruption & Neoliberal Austerity, Syriza Sells Greece Out To The Highest Bidders By
ATHENS — (Analysis) Stories of human suffering continue to multiply in present-day Greece, which is loosely governed by the “first time left” government of Syriza and more directly by the European institutions and the International Monetary Fund. In the city of...
The Politics Of Punishment: Greece Is Being Destroyed By Europe And Austerity Orthodoxy By
WASHINGTON — All the news coming out of Greece is bad, says Giannis Nitodas, who left his home in Chios, Greece, amid the mounting pressures of austerity measures that continue to crush the Greek economy. “I was paid €900 [$990] per month,” Nitodas told MintPress...
As European Left Cheers, Syriza Vows to Move Swiftly To End Greek ‘Nightmare’ By
Europe’s leftist parties and their supporters are cheering Monday. Just hours after claiming victory in national elections, Alexis Tsipras, head of the leftist Syriza party and the new Prime Minister-elect of Greece, has agreed to form a coalition government and repeated...