Like a tragedy from Euripides, the long struggle between Greece and Europe’s creditor powers is reaching a cataclysmic end that nobody planned, nobody seems able to escape, and that threatens to shatter the greater European order in the process. Greek premier Alexis Tsipras never expected to win Sunday’s referendum on EMU bail-out terms, let alone to preside over a blazing …
Rumbles of military coup as Greek workers demand end to EU austerity – Alex Lantier
Hours before anti-austerity demonstrators flooded the streets of central Athens on Friday, a number of retired Greek military officers publicly called for a “yes” vote in Sunday’s referendum on the European Union’s demands, defying Prime Minister Alexis Tsipras’s call for a “no” vote. The contrast between masses of workers denouncing EU austerity and the pronouncements of prominent military figures could …
GREECE’D: We Voted ‘No’ to slavery, but ‘Yes’ to our chains By Greg Palast
We Greeks have voted ‘No’ to slavery — but ‘Yes’ to our chains. Not surprisingly, by nearly two-to-one, Greeks have overwhelmingly rejected the cruel, economically bonkers “austerity” program required by the European Central Bank in return for an ECB loan to pay Greece’s creditors. In doing so, the Greek people overcame an unprecedented campaign of fear from the Greek and …
HOW EUROPE PLAYED GREECE – Alex Andreou
Do these things, they said, for all our sakes and you will return to prosperity with our help. They lied. “They have decided to strangle us, whether we say yes or no”, said a Greek woman to me yesterday. “The only choice we have is to make it quick or slow. I will vote “oxi” (no). We are economically dead …
Greece – Risk of False-flagging Greece into Submission and Chaos? By Peter Koenig
As we move closer to the 5 July referendum, it becomes clearer every day – Brussels, Washington and Berlin are waging an open “class war” against Greece, because the Greek people, the citizens of a sovereign country – the first democracy in Europe, the country that gave Europe her name – these people have had the audacity to democratically elect …
Europe’s Attack on Greek Democracy – Joseph Stiglitz
The rising crescendo of bickering and acrimony within Europe might seem to outsiders to be the inevitable result of the bitter endgame playing out between Greece and its creditors. In fact, European leaders are finally beginning to reveal the true nature of the ongoing debt dispute, and the answer is not pleasant: it is about power and democracy much more …
So-called ‘free trade’ agreements should be strongly opposed – Bill Mitchell
My header this week is in solidarity for the Greek people. I hope they vote no and then realise that leaving the dysfunctional Eurozone will promise them growth and a return to some prosperity. They can become the banner nation for other crippled Eurozone nations – a guiding light out of the madness that the neo-liberal elites have created. While …
IMF and Germany Are Hell-Bent on Finishing Off Even a Moderate Left in Greece By C.J. Polychroniou
Negotiations between Greece and its official creditors – the European Commission, International Monetary Fund (IMF) and European Central Bank – are currently in renewed deadlock. Yet, only a few days ago, in the Euro summit on Monday, June 22, all indications were that Europe’s political beasts and the “criminal IMF” were ready to accept thelatest capitulation on the part of …
Greek central bank warns of “uncontrollable crisis” By Robert Stevens
Ahead of today’s meeting of the euro zone’s finance ministers, the Bank of Greece warned that the country faces imminent economic collapse. Months of talks between the Syriza-led government and its international creditors, the European Union (EU), European Central Bank (ECB) and International Monetary Fund (IMF), over the terms of an austerity programme broke down acrimoniously at the weekend. The talks, ongoing …
Russia Invites Greece to Join BRICS Bank
Greece has been invited by Russia to become the sixth member of the BRICS New Development Bank (NDB). The $100 billion NDB is expected to compete with Western dominance and become one of the key lending institutions. The invitation was made by Russian Deputy Finance Minister Sergey Storchak on Monday during a phone conversation with Greek Prime Minister Alexis Tsipras, …