Belatedly, here is an article I wrote on Greece’s agreement with the Eurozone for Ricochet. It focuses on the next four months with their opportunities and pitfalls. Given that the list of reforms authored by Yanis Varoufakis looks to get the approval of the Eurogroup member states, the article remains relevant, the breathing
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Parchment in the Fire: Varoufakis Keeps Greece in the Eurozone, by its Fingernails » CounterPunch: Tells the Facts, Names the Names
Varoufakis Keeps Greece in the Eurozone, by its Fingernails » CounterPunch: Tells the Facts, Names the Names. Mike Whitney It’s not easy to negotiate with a gun to your head. Nevertheless, that’s the situation Greek finance minister Yanis Varoufakis found himself in on Friday preceding a crucial meeting with the Eurogroup. According to one report, the
Continue readingParchment in the Fire: Reading The Greek Deal Correctly
Reading The Greek Deal Correctly. James K. Galbraith On Friday as news of the Brussels deal came through, Germany claimed victory and it is no surprise that most of the working press bought the claim. They have high authorities to quote and to rely on. Thus from London The Independent
Continue readingParchment in the Fire: How Greece Got Outmaneuvered – The New Yorker
How Greece Got Outmaneuvered – The New Yorker. By John Cassidy To the surprise of nobody except a few alarmists, the finance ministers of the European Union reached a deal with Greece on Friday, extending the country’s existing bailout until the early summer. Greece’s new left-wing Syriza government had been
Continue readingParchment in the Fire: Greek Bailout Extension Deal Represents a “Significant Retreat” by the European Authorities, CEPR Co-Director Says | Press Releases
Greek Bailout Extension Deal Represents a “Significant Retreat” by the European Authorities, CEPR Co-Director Says | Press Releases. Washington, D.C.- A deal reached between the Greek government and European authorities represents a “significant retreat” by the so-called troika and “shows that their austerity program, which has failed miserably, is no
Continue readingParchment in the Fire: Greece deal is first step on the road back to austerity | Business | The Guardian
Philip Inman – The Guardian The rightwing orthodoxy that dominates thinking in Brussels has asserted itself over the hapless Greeks. A deal that allows the eurozone policymakers, the International Monetary Fund and the government of Athens to keep talking next week is the first stage in a clampdown on anti-austerity
Continue readingParchment in the Fire: How Radical is Syriza?
http://therealnews.com/t2/index.php?option=com_content&task=view&id=31&Itemid=74&jumival=13088 Filed under: Europe, Eurozone crisis, Greece Tagged: Eurozone Crisis, Greece, Socialism, Syriza, the Left
Continue readingParchment in the Fire: Is Syriza Retreating? | Jacobin
Is Syriza Retreating? | Jacobin. Stathis Kouvelakis To use a worn-out cliché, “the times are critical.” In fact, they are more than just that: we are at the edge of a crucial temporal sequence. The whole endeavor of a Syriza government will be judged by its reaction to the unprecedented
Continue readingPolitical Eh-conomy: Podcast: Leo Panitch on Syriza and Greece
https://politicalehconomy.files.wordpress.com/2015/02/podcast150220-leo-panitch.mp3 This week I’ve devoted the entire show to discussing the most recent developments in Greece. While there is a great deal of day-to-day drama at the level of the ongoing negotiations between Greece and European institutions, I wanted to take a broader strategic and political look at what the
Continue readingCuriosityCat: Grexit, schmexit: It ain’t gonna happen
For sale? Owner must sell … Right now a battle of Homeric proportions is being waged for the future soul of the European Union. On one side are the Teutonic bookkeepers of the EU, led by Merkel of Germany and Cameron of Britain. On the other side is the tiny,
Continue readingParchment in the Fire: Syriza Holds Its Ground | Jacobin
Syriza Holds Its Ground | Jacobin. As the media and the Athens stock market (down 4 percent yesterday) had widely expected, yesterday’s finance ministers’ meeting ended in failure, perhaps even a momentous one. The tone of the Greek government’s official communiqué, which the whole media were quick to pick up
Continue readingParchment in the Fire: The pro-worker, pro-growth experiment in Greece is under threat | Senator Bernie Sanders | Comment is free | The Guardian
The pro-worker, pro-growth experiment in Greece is under threat | Senator Bernie Sanders | Comment is free | The Guardian. While the wealthiest 85 individuals on the planet own more wealth than the bottom half of the world’s population – and when the top 1% will soon own more wealth
Continue readingThe Progressive Economics Forum: ROCHON On Greece once More
LOUIS-PHILIPPE ROCHON Associate Professor, Laurentian University Co-editor, Review of Keynesian Economics Follow him on Twitter @Lprochon ________________________ As I have said before (see here) and will say again: any solution to Greek’s tragedy, which involves keeping the Euro as a currency is a second-best solution, unless the appropriate institutional changes
Continue readingAccidental Deliberations: Tuesday Morning Links
This and that for your Tuesday reading. – Tessa Jowell writes that we need to treat inequality as a disease which can be cured through effective public policy, but the Star points out that the Cons have instead gone out of their way to make it worse. Fair Vote Canada
Continue readingPolitical Eh-conomy: Creditors forcing rapprochement within Syriza?
I’m starting to cautiously think that the Varoufakis and Lapavitsas “approaches” to the crisis might end up not too far away from each other even though the strategic direction they have advocated is very different. The situation, especially after today’s hardening of the creditors’ stance at the Eurogroup, may simply
Continue readingAccidental Deliberations: Thursday Morning Links
This and that for your Thursday reading. – Elias Isquith interviews Mark Blyth about his book on the disastrous consequences of austerity, while Paul Krugman writes that austerity is particularly sure to cause economic destruction when combined with a push toward consumer deleveraging. And Bruce Campbell looks to Syriza as
Continue readingThe Canadian Progressive: Council of Canadians’ Maude Barlow asks new Greece government to reject CETA
The chairperson of the Council of Canadians has asked the new Syriza government in Greece to reject the Canada-EU Comprehensive Economic and Trade Agreement (CETA). The post Council of Canadians’ Maude Barlow asks new Greece government to reject CETA appeared first on The Canadian Progressive.
Continue readingThe Progressive Economics Forum: ROCHON: Greece, Syriza and the Euro
This is a guest blog post from Louis-Philippe Rochon. Follow him on Twitter @Lprochon. — What a tumultuous few weeks we witnessed in Greece. Though the victory of Syriza was ill-received in particular in Germany and the European Central Bank, it was nonetheless a resounding victory for democracy. This victory
Continue readingParchment in the Fire: Greek Finance Minister Yanis Varoufakis Head to Head with German Counterpart Wolfgang Schauble
Filed under: Austerity, Eurozone crisis Tagged: Eurozone Crisis, Germany, Greece, Syriza
Continue readingAccidental Deliberations: Sunday Morning Links
This and that for your Sunday reading. – Scott Santens links the themes of health and equality by suggesting that we treat a basic income as a needed vaccine against poverty and all its ill effects. – Erika Eichelberger and Dave Gilson highlight how U.S. corporations are siphoning money offshore
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