Greece needs a viable exit option, both because it may actually want to go this route and also because it needs greater bargaining power with the troika.
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After the Greek Elections New York forum- Feb 6 - new location
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Syriza will not easily sweep the policies of austerity aside, but there is a palpable feeling on the continent that a tide is turning. The victory of Greece's left-wing Syriza Party was, on one hand, a beacon for indebted countries like Spain, Portugal, Italy, and Ireland. It is also a gauntlet for Germany, the Netherlands, Finland, and the "troika" - the European Central Bank, the European Commission, and the International Monetary Fund.
SYRIZA has won the election in Greece, securing 149 seats out of 300. This article was written before the election, but speaks to many of the criticisms aimed at this left anti-austerity party both from the bureaucrats of the European Union as well as from left groups. In addition the article speaks to the difficult choices the party must face in order to find a new path towards recovery for the people of Greece.
Catalonia has decided to recast its planned November 9 referendum on independence as a nonbinding consultation.Why are so many Scots (45% in September's referendum) and Catalans (50% in recent polls) set on leaving now? The answer is surely a desperate search for sovereignty with longstanding resentments over discrimination by the power centers in their respective states. Like many other Europeans, they feel cheated by their governments' response to the Great Recession.
The crisis shows that realpolitik remains relevant -- and states that ignore it do so at their own peril. U.S. and European leaders blundered in attempting to turn Ukraine into a Western stronghold on Russia’s border. Now that the consequences have been laid bare, it would be an even greater mistake to continue this misbegotten policy.
First European Citizens' Initiative calls for water to be human right, not a commodity.
Today, Ireland is under a different sort of tyranny, one imposed by the banks and the troika--the EU, ECB and IMF. The oppressors have demanded austerity and more austerity, forcing the public to pick up the tab for bills incurred by profligate private bankers.
Germany's justice minister, Sabine Leutheusser-Schnarrenberger, demanded an explanation from Washington, saying that if confirmed, US behaviour "was reminiscent of the actions of enemies during the cold war".
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