Destinations Magazine

Chronicle of a Struggle

By Stizzard
Chronicle of a struggle

SINCE taking office in January Greece’s radical-left government has been a model of inconstancy and incoherence. Yet one of its messages has been admirably consistent: that Greece’s problems belong to the entire euro zone. Over the past four months Greece’s creditors have become wearily accustomed to batting away grandiose proclamations by Alexis Tsipras’s band of merry men. But as their talks with the Greeks approach a crunch, this is a proposition they should take seriously.

Excluded from capital markets, Greece needs bail-out money to stay afloat. In exchange its creditors demand reforms and budget cuts designed, as they see it, to put Greece’s finances on an even keel. Elected to reject such austerity, the Syriza government began negotiations with smiles and good cheer. Yanis Varoufakis, the finance minister, toured Europe to explain that the euro zone would work for the benefit of all if only its leaders would abandon their self-defeating obsession with austerity. But as the mood has soured and talks have gone nowhere, the message has taken on a darker tone. In an opinion piece for Le Monde this week Mr Tsipras declared…

The Economist: Europe


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