Greece short on allies
Greek PM faces exasperated euro partners with days to avoid ruin
Greek Prime Minister Alexis Tsipras has stretched his EU partners’ patience to the limit with months of missteps and contradictory moves and now, having just four days to save his country from ruin, is finding his list of allies is short.
Even potentially sympathetic southern Europeans have become skeptical toward the 40year-old leftist radical.
France’s Socialist President Francois Hollande has emerged as a potential mediator between Greece and its creditors, but he’s unlikely to overcome stiff German-led resistance to cutting Greece yet more slack.
Tsipras swept to power in January on promises to bring an end to the hated spending cuts he blamed for an economic depression.
That would have required extracting far-reaching concessions from German Chancellor Angela Merkel and other European leaders. But the inexperienced leader apparently failed to grasp the complexities of the European Union.
Rather than tackle the details of an economic plan to get new loans, as creditors wanted, Tsipras sought to convince other European countries to overhaul their fundamental approach to rescuing Greece. He tried, for example, to convince them to stop focusing on spending cuts and loosen the terms of Greece’s existing loans.
Whatever the merits of his economic views, Tsipras failed to make political alliances in Europe.
“One of the sticking points was that, right after taking office, Alexis Tsipras went on a big tour of Europe to seek coalition partners, but within a very short period of time he scared off all his European partners for various reasons,” said Julian Rappold, a European policy expert at the German Council on Foreign Relations think-tank in Berlin.
After months of on-off talks, Tsipras shredded much of the remaining goodwill with his shock move last week to call a referendum on the terms creditors had offered and his decision to campaign for a “no” vote.
The creditors say Greece must lay out a detailed reform program if it hopes to get aid.
Merkel, a key figure in five years of bailouts for Greece, notes the country is only one of 19 eurozone democracies whose views must be respected.
“We have shown a great deal of solidarity with Greece,” she said after meeting Hollande on Monday.
“On the other hand, Europe can only keep together and stand together ... if every country also takes responsibility for itself.”
Greek Prime Minister Alexis Tsipras delivers his speech at the European Parliament in Strasbourg, eastern France, Wednesday.