Greece sours German relations further with demand for war reparations
The Guardian
Greece's new government is committed to `ecological transformation'. Syriza's existing programmatic commitments to work towards "the development of a new paradigm of social, environmental and economic development," and the need to build a public sector of a "new type" could transform energy and climate politics in the EU and beyond.
So Greece will be receiving the tranche it had initially refused, but on the condition of sticking to the commitments of its predecessors. What we have then is a reaffirmation of the typical German stance of imposing — as a precondition for any agreement and any future disbursement of funding — completion of the “assessment” procedure by the tripartite mechanism (whether this is called “troika” or “institutions”) for supervision of every past and future agreement.
The Greek election was a warning that, while wealth and political power may be related, they are not the same thing: Governments can be overturned. Europe needs answers. The Greek crisis is a crisis of the entire EU. To one extent or other, every country - even Germany, the EU's engine - is characterized by falling or anemic wage growth, increasing economic inequality, spreading deflation, and an overall decline in living standards.
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