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Parchment in the Fire: Greek Referendum Map

Filed under: Austerity, Europe, Southern Europe Tagged: Austerity, Eurozone Crisis, Greece, Greek Referendum

Parchment in the Fire: Spain’s politicians distance themselves from euro crisis: ‘This isn’t Greece’ | World news | The Guardian

Spain’s politicians distance themselves from euro crisis: ‘This isn’t Greece’ | World news | The Guardian.

Filed under: Austerity Tagged: Eurozone Crisis, Podemos, Spain

CuriosityCat: Greece tables unified set of negotiation principles with EU

The PM of Greece fired his first opening shot in the coming negotiations with the Troika of faceless technocrats and panoply of politicians, by huddling with the opposition parties and then releasing their statement of principles. Employing one of the necessary steps in Harvard U’s Getting to Yes negotiation handbook (a must for every politician, not to mention anyone engaged in business or personal relationships), the PM has tabled a set of interests that Greece wishes to attain in the talks. By making it an agreed set of principles of all the major parties, the PM is leveraging off the (Read more…)

Parchment in the Fire: The Greek Referendum: Method in the Madness

Everyone seems to be weighing in on the resounding NO vote delivered by Greek voters to the Eurocrats in Brussels and Frankfurt on Sunday. Much speculation is being made regarding the potential outcomes of Tsipras’s gamble (as well as the significance of Varoufakis’ surprise resignation). What some observers may not have noticed is that not only did Tsipras out-manoeuvre Angela Merkel, Wolfgang Schauble and their social democratic pit-bulls, Sigmar Gabriel and Jeroen Djisselbloem (main players in what Tariq Ali calls Europe’s ‘radical centre’); he also outmanoeuvred his own domestic opposition who were impatient to plot Syriza’s downfall in what was (Read more…)

Parchment in the Fire: How Europe Played Greece

How Europe Played Greece.

Filed under: Greece Tagged: Austerity, debt, Eurozone Crisis, Greece

Parchment in the Fire: Illegal, Illegitimate, Odious and Unsustainable Debt – Transform Network

Illegal, Illegitimate, Odious and Unsustainable Debt – Transform Network.

Given the resounding victory for the ‘No’ campaign in the Greek referendum, it is of interest to take a look at the Syriza led debt audit published a few weeks ago.

Filed under: Debt, Greece Tagged: debt, Eurozone Crisis, Greece, Syriza

Parchment in the Fire: Europeans tried to block IMF debt report on Greece, say sources | Business | ekathimerini.com

Europeans tried to block IMF debt report on Greece, say sources | Business | ekathimerini.com.

Filed under: Austerity Tagged: Austerity, Eurozone Crisis, Greece, Syriza

Parchment in the Fire: Europe Stands in Solidarity with Massive OXI (No) Vote Rally in Athens Greece

Europe Stands in Solidarity with Massive OXI (No) Vote Rally in Athens Greece.

Filed under: Austerity Tagged: Austerity, Eurozone Crisis, Greece, Syriza

CuriosityCat: Greece & The Euro: Some words of wisdom from a Swiss Ambassador

Dr Daniel Woker

In an article headed Greece and the Nattering Nabobs of the Anglosphere in Real Clear World, Dr. Daniel Woker has some timely advice to the chattering classes: Cool it, you just don’t get it. 

A former Swiss Ambassador to Singapore and Australia, and now a lecturer at the University of St. Gallen, Switzerland, as well as a columnist, Woker is spot on with this observation:

Where the EU is concerned, the nabobs in London, Washington and elsewhere in Tony Abbott’s Anglosphere don’t get it, as shown by recent comments on events in Greece and on Germany’s (Read more…)

. . . → Read More: CuriosityCat: Greece & The Euro: Some words of wisdom from a Swiss Ambassador

Parchment in the Fire: IMF: austerity measures would still leave Greece with unsustainable debt | World news | The Guardian

IMF: austerity measures would still leave Greece with unsustainable debt | World news | The Guardian.

Filed under: Austerity Tagged: Austerity, Eurozone Crisis, Greece, IMF, Syriza, Troika

Parchment in the Fire: This referendum is a fight between the Greeks and Europe’s cruel capitalism | Aditya Chakrabortty | Comment is free | The Guardian

This referendum is a fight between the Greeks and Europe’s cruel capitalism | Aditya Chakrabortty | Comment is free | The Guardian.

Filed under: Austerity Tagged: Austerity, Eurozone Crisis, Greece, Syriza

Parchment in the Fire: Greece in chaos: will Syriza’s last desperate gamble pay off? | World news | The Guardian

Greece in chaos: will Syriza’s last desperate gamble pay off? | World news | The Guardian.

Filed under: Austerity Tagged: Eurozone Crisis, Greece, Syriza

Parchment in the Fire: Will the Greek Referendum Bring the Troika Back to the Bargaining Table? (2/2)

Filed under: Austerity Tagged: Eurozone Crisis, Greece, Syriza

Parchment in the Fire: Will the Greek Referendum Bring the Troika Back to the Bargaining Table? (1/2)

Filed under: Austerity Tagged: Austerity, Eurozone Crisis, Greece, Syriza

Parchment in the Fire: Tsipras goes for referendum on 5 July | Paul Mason | Paul Mason

Tsipras goes for referendum on 5 July | Paul Mason | Paul Mason.

It may come down to: who has the biggest social power on the streets – the Greek left, including the KKE, Syriza, the unions etc. – or the right. Which is what Greek history has always tried not to ask since 1974.

It may come down to: who has the biggest social power on the streets — the Greek left, inclduing the KKE, Syriza, the unions etc — or the right. Which is what Greek history has always tried not to ask since 1974. – See more (Read more…)

CuriosityCat: Greece & The Euro: Super Mario will come to the rescue this weekend

Mario Draghi of the European Central Bank

Deadlock reached, the EU negotiators broke off talks with the insurgent left wing Greek government, and that government threw a Hail Mary pass by calling for a referendum on the austerity package on July 5. Meanwhile, a hefty repayment of debt is due on June 30, and commentators are talking about a Greek default, leading to a Grexit from the EU.

Interesting events, but a man who embodies all the virtues that Plato imbued his Philosopher Kings with is now entering the stage right. That man will avert the crisis and let negotiations (Read more…)

Parchment in the Fire: Greece’s rich: insulated against an EU exit | World news | The Guardian

Greece’s rich: insulated against an EU exit | World news | The Guardian.

Filed under: Greece Tagged: Austerity, Eurozone Crisis, Greece, Grexit

Parchment in the Fire: Hopes for Greece bailout deal rise sharply as Athens gives ground | Business | The Guardian

Hopes for Greece bailout deal rise sharply as Athens gives ground | Business | The Guardian.

Filed under: Austerity Tagged: Eurozone Crisis, Greece, Syriza

Parchment in the Fire: ‘Making us poorer won’t save Greece’: how pension crisis is hurting its people | World news | The Guardian

‘Making us poorer won’t save Greece’: how pension crisis is hurting its people | World news | The Guardian.

Filed under: Austerity Tagged: Austerity, Eurozone Crisis, Greece, pensions

Parchment in the Fire: Drip Feeding Greece Will End in Default

Filed under: Eurozone crisis Tagged: Austerity, Eurozone Crisis, Greece, Syriza

Parchment in the Fire: Greece has nothing to lose by saying no to creditors – FT.com

Greece has nothing to lose by saying no to creditors – FT.com.

By Wolfgang Münchau

So here we are. Alexis Tsipras has been told to take it or leave it. What should he do?

 

The Greek prime minister does not face elections until January 2019. Any course of action he decides on now would have to bear fruit in three years or less.

 

First, contrast the two extreme scenarios: accept the creditors’ final offer or leave the eurozone. By accepting the offer, he would have to agree to a fiscal adjustment of 1.7 per cent (Read more…)

. . . → Read More: Parchment in the Fire: Greece has nothing to lose by saying no to creditors – FT.com

Parchment in the Fire: The Looming Austerity Package | Jacobin

The Looming Austerity Package | Jacobin.

by Costas Lapavitsas

Developments in the debt negotiations between Greece and the European institutions have come thick and fast in the last days: the submission of proposals by the Greek side, leaks of lenders’ supposed counter-proposals, their rejection by Greek Prime Minister Alexis Tsipras, pre-agenda debate in the Parliament — where Tsipras repeated his outright rejection of the counter-proposals — and then a refusal to pay the June 5 installment of the International Monetary Fund loan. We are clearly at a critical turning point.

The only political party capable of moving Greece forward at (Read more…)

Parchment in the Fire: Greece – A Sad Story of the European Establishment – EU Politics Today – EIN News

Greece – A Sad Story of the European Establishment – EU Politics Today – EIN News.

by Robert Savio

ROME, Jun 9 2015 (IPS) – Only 50 years of Cold War (and the fact that German Chancellor Angela Merkel grew up in East Germany) can possibly explain the strange political power of the United States over Europe.

After a bilateral meeting between Merkel and U.S. President Barack Obama (so much for transparency and participation), the Jun. 7-8 G7 summit opened in Germany and we found out that there had been a trade-off.

Merkel agreed that Europe should continue the (Read more…)

Parchment in the Fire: Creating an Economy of Need in Greece

Filed under: Europe Tagged: Eurozone Crisis, Greece, Socialism, Syriza

Parchment in the Fire: Austerity fallout: Portugal’s elderly barely surviving with charity and cold showers

Austerity fallout: Portugal’s elderly barely surviving with charity and cold showers.

Filed under: Austerity Tagged: Austerity, Eurozone Crisis, Portugal