SYRIZA needs a Plan B

Kathimerini English - - Front Page -

The main op­po­si­tion SYRIZA party needs to present the Greek peo­ple with a plan B, be­cause, whether we like or not, those who mat­ter – Euro­pean decision-mak­ers and the mar­kets – have made it clear that plan A will not suc­ceed. It’s point­less for SYRIZA to ex­pect it can achieve fis­cal re­lax­ation and an of­fi­cial debt hair­cut while can­cel­ing pri­va­ti­za­tions and nu­mer­ous re­forms. Mar­kets sim­ply wouldn’t lend to Greece in that case. So what will hap­pen when it doesn’t get what it wants if it rises to power? Where will the money to cover run­ning deficits come from? If it threat­ens uni­lat­eral bank­ruptcy vis-a-vis its IMF and EU loans, will Greece be able to stay in the eu­ro­zone? Un­cer­tainty over SYRIZA’s real in­ten­tions and plans are adding to the over­all pres­sure. The gov­ern­ment is now pay­ing for its re­cent dec­la­ra­tions re­gard­ing the end of the mem­o­ran­dums. Cit­i­zens are scared, un­able to trust any­one and tired of worth­less big words.

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