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‘The Communist Manifesto’ (2015 edition)

‘The Communist Manifesto’ (2015 edition) In the Communist Manifesto, Karl Marx wrote that “a specter is haunting Europe — the specter of communism.” That image has been much adapted. The specters that have been held to haunt the Europe of today include Americanization, privatization, the far right, and the breakup of the euro, among others. Mark […]

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Defiance and Charm: A Measured First Week for New Greek Leader

Defiance and Charm: A Measured First Week for New Greek Leader Minister of Administrative Reform Georgios Katrougalos sits cheerfully in his new office and rejoices about his little revolution. He has just announced that soon the first 3,500 public-sector employees can return to work, including the famous cleaning ladies who led the protest against job cuts. […]

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Why the Beautiful New Greek Government Is Screwed

Why the Beautiful New Greek Government Is Screwed Greek Prime Minister Alexis Tsipras and Finance Minister Yanis Varoufakis, often in a good-cop-bad-cop manner, have been cruising through the media, lobbing a mix of admirable rhetoric, verbal hand grenades, and down-to-earth explanations. And they have become white-hot media darlings. So Varoufakis was in Germany to meet […]

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Greece Exposes The Global Economy’s Achilles Heel

Greece Exposes The Global Economy’s Achilles Heel Countries that can’t repay their debts — won’t The new Greek political party, known as Syriza, the Coalition of the Radical Left, has done the unthinkable: they’ve dared to speak the truth. In this case, the truth is perfectly captured by the blunt assessment by the new Greek […]

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Greek and German finance ministers clash at debt relief talks

Greek and German finance ministers clash at debt relief talks No agreement to disagree on Athens’ debts as Varoufakis brings up spectre of Greek nazism and Schäuble offers 500 German tax collectors Greece’s radical Syriza government remained locked in a bitter standoff with its German paymasters, as finance minister Yanis Varoufakis issued a stark warning […]

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Thousands Of Anti-ECB Protesters Gather In Athens In “First Greek Pro-Government Rally” – Live Feed

Thousands Of Anti-ECB Protesters Gather In Athens In “First Greek Pro-Government Rally” – Live Feed In what is being described as “the first Greek pro-government rally”, thousands of people have gathered outside Greek Parliament in the infamous Syntagma Square to protest against a decision by the European Central Bank to restrict the eligibility of Greek bonds used […]

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Have A Little Faith In Blotto

Have A Little Faith In Blotto What, Greece again? Sorry!! But I see a lot of things flash by that make me want to say something. Today it’s the alleged 180 that Syriza made on debt reduction, before that it was their alleged kow-towing to Brussels on Russia sanctions, and tomorrow it’ll be something else […]

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Greece and the EU – Nothing But Political Theater?

Greece and the EU – Nothing But Political Theater?   Varoufakis’ Tour of Europe Greece’s new finance minister Yanis Varoufakis has toured Europe, trying to drum up support for – actually, we’re not quite sure what for exactly, as the precise nature of the Greek government’s demands is currently in flux (this is a parallel […]

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Is It Socialism or Just Failure?

Is It Socialism or Just Failure? It’s all still about Greece, and that makes sense, if nothing else Syriza is a breath if not a tornado of fresh air. But those too pass. The question at the end remains: did anything really change? It’s quite possible, don’t get me wrong, but Tsipras and Vanoufakis are […]

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ECB Threatens Athens With Bank Funding Cutoff If No Deal In One Month: February 28 Is Now D-Day For Greece

ECB Threatens Athens With Bank Funding Cutoff If No Deal In One Month: February 28 Is Now D-Day For Greece As Deutsche Bank’s George Saravelos politely puts it, “Developments since the Greek election on Sunday have moved very fast.” And indeed, so far the new Tsipras cabinet, and here we focus on the words and […]

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How Do You Solve A Problem Like Syriza?

How Do You Solve A Problem Like Syriza? First off, no, I don’t think Syriza is a problem, I just couldn’t resist the Sound of Music link once it popped into my head, as in ‘headlines you can sing’. I think Syriza may well be a solution, if it plays its cards right. But that […]

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Can Syriza renegotiate Greece’s multi-billion bailout?

Can Syriza renegotiate Greece’s multi-billion bailout? Left-wing protest party facing up to the political reality of governing Europe’s most indebted nation. The Greek left-wing party Syriza gets down to work, after storming to power on an anti-austerity ticket. From protest party to ambitious political newcomers, Syriza is facing up to the political reality of governing […]

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“The Barricades Are Down” Syriza Is Already Rolling Back Austerity “Reforms”

“The Barricades Are Down” Syriza Is Already Rolling Back Austerity “Reforms” It didn’t take long for Syriza to start making changes in Greece. While these may be minor at the margin compared to the debt “issues”, as KeepTalkingGreece reports, Alexis Tsipras and his junior coalition partner Panos Kammenos pushed the Fast Forward button to restore a series of […]

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Greece Begins The Great Pivot Toward Russia

Greece Begins The Great Pivot Toward Russia Ten days ago, before the smashing success of Greece’s anti-austerity party, Syriza, we noted that Russia gave Greece a modest proposal: turn your back on Europe, whom you despise so much anyway, and we will assist your farmers by lifting the food import ban. And, sure enough, Greece’s new […]

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Greek election: It’s really up to the ECB and EU now

Greek election: It’s really up to the ECB and EU now The result was worse than expected whatever the final outcome – the anti-austerity vote is massive, but it could be an empty gesture as Greece in reality has little choice: Comply with the Troika or leave the EUR. I doubt the later will happen […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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