What’s the Eurocrats’ real fear? Greece quits and thrives

Daily Mail

Every time Eurocrats declare that the economic crisis is over, it comes back with a vengeance. For six years, the Brussels elites have been periodically assuring us that the Eurozone has shaken off the bug; yet, like some chronic condition, it keeps returning. Usually in Greece.

Yesterday, Greeks voted for a party that, though it says it wants to keep the euro, rejects the conditions that the other members have set. In particular, it insists on a big debt cancellation.

The EU has made clear that it will not write off any more Greek debt. Doing so would, it fears, encourage other struggling Eurozone states to default, and so cause the project to unravel. But Syriza, the party that won yesterday’s general election, is equally uncompromising. Its leader, the telegenic Alexis Tsipras, tells voters that he will cancel the austerity and repayment programme ‘on my first day in office’.

Both sides claim they want Greece to stay in the monetary union. But a game of chicken is now under way and neither player can easily swerve aside. For Mr Tsipras, any compromise with Brussels would mean a betrayal of his supporters and his convictions. He fought the previous election on an anti-euro platform, and seems genuinely relaxed about going it alone.

The EU has, if anything, even less room for manoeuvre. It has repeatedly eased Greece’s bailout terms, yet every such loosening produces more importunate demands.

Angela Merkel, the German Chancellor, has let it be known that she is prepared to let Greece leave the euro if necessary – a reversal of her position in 2011.

The bailout funds are now in place, she reasons. Many of the banks that had lent money to Greece have been repaid, and Europe’s banks are in a stronger position than they were four years ago, and the EU has a large fund in place to support other Eurozone states. In any case, she would hardly be human if she were not getting tired of being caricatured as a Nazi by the people she is subsidising.

After years of research and a series of unpleasant experiences concerning the current child protection services system, Alec Cope decided to combat the cancerous corruption through information. Freelance writing articles as a form of protest and distributing them throughout his former high-school and local area, Alec struck special chords with whomever he was in contact with.

Alec has been involved in activism such as sit down protests as well as Idle No More gatherings. Being independent for the majority of his time, Alec became a member of the WeAreChange family to assist one of the organizations that inspired him to become active in the first place. With a larger platform and positive support Alec has committed the majority of his time to research, writing, and maintaining social media with the goal to continue expanding the awakening sweeping throughout all levels of society.

Growing up within a rural area in Northern Michigan as well as being a native American descendant, Alec is seeking to expose environmental abuse in his state as well as globally. A high-school dropout, Alec chases his passion for writing and empowering individuals while showing any isolated person that they too can overcome the odds with a community that will support them. Alec lives in the lower peninsula of Michigan near Kalamazoo.





Pin It on Pinterest

Share This

Subscribe To Our Newsletter

Join our mailing list to receive the latest news and updates from our team.

You have Successfully Subscribed!