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Greece will not avoid the catastrophe and there are several paths to it

14 April 2015 / 14:04:34  GRReporter
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Early elections 2: The government will prefer the collision with creditors as well as exiting the euro zone because the internal opposition has surrendered to the "left current". It will use the rhetoric of xenophobia and national populism, combining the common points in the rhetoric of the extreme left and the extreme right. They already have many common positions that are much deeper than the superficial outer shell. In view of the fact that 70-80% of public opinion supports the euro, this scenario will hardly pass through elections.

Early elections 3: SYRIZA will announce early elections after the imposition of suspension of payments and control on capital movement, losing them by a wide margin. The early elections, however, will cause a total economic collapse and the winner will actually collect what has been left... The uncertainty about the day after the election is great in this case too.

Government of National Salvation: The government will try to push the new memorandum in parliament with the support of other parties. This means that it will lose its lead, thus causing political rearrangement.

The majority of SYRIZA will move to the centre-left space and create a new pole of power. The rest will form a new party on a communist base, which will be positioned between the far-left Antarsia and the Communist Party of Greece.

Each of these scenarios is likely and there is a great risk for Greece, because it is ruled by a cabinet the majority of which is hostile to Europe, bourgeois democracy and markets.

The contrasts, contradictions and the lack of experience in the government of SYRIZA pose risks too as well as the apparent inability of Mr. Tsipras to give the party and the government any direction to be adopted by all sides.

The hope for Greece remains the fact that it is totally dependent on Europe and its Western allies, in terms of both imports of basic commodities and of national sovereignty.

Therefore, even for the implementation of the best scenarios in the coming months, the country will need seatbelts and seasickness pills..."

According to Stoupas, the fact that the Greek stock market has been in a state of coma for many months now is indicative of the state of the Greek economy. "If any agreement with the creditors is reached over the coming days, the market will react positively and the reaction of the banking sector will be most apparent.

The duration of this reaction cannot be foreseen. The Greek Stock Exchange will cease to "scrape the bottom" when the social and political majority arises and presents a new social contract and the foundations of political and economic stability over the next 10-20 years."

Tags: EconomyGreeceCredit eventInternal suspension of paymentsControl on capital movementEarly electionsSYRIZAAlexis Tsipras
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