In this installment of the Global Research News Hour, we examine the dynamics of the Greek economy and why the Greek people voted the anti-austerity Syriza Party to power.

Ellen Brown of the Public Banking Institute explains the role of Goldman Sachs in setting up Greece for a fall, and how the Mediterranean country could survive the end of the bail-outs.

In the second half hour, scholar, RMIT University lecturer and Counterpunch contributing editor Binoy Kampmark talks about the background of Syriza, the political culture on the ground, and what the future may hold for a financially emancipated Greece as well as other European countries.