The European Tribune is a forum for thoughtful dialogue of European and international issues. You are invited to post comments and your own articles.
Please REGISTER to post.
In the mean time the government has suffered a double blow: One MP (a historical member of the old guard) has declared his independence and stated that he will vote against the programme. Another PASOK MP although still in the party, stated that he can't agree to the total privatization of the Electric Company (DEI), something expected since he is an MP from Kozani, DEI's national center and major power house.
Thus PASOK has at the moment 154 willing MPs (they need 151), and the strain against the remaining MPS is immense: all over Greece citizens file complaints and threaten their MPs in many tones. The fact that ~2 million Greeks have hit the street in disapproval (and are expected to reach new heights tomorrow and the day the programme will be voted in Parliament) also weighs heavily. At this point it's an open question whether the ECB programme will be approved by parliament, and summer elections (a rarity, historically) seem not improbable
The road of excess leads to the palace of wisdom - William Blake
That's exactly what the Bundesbank boss was suggesting (albeit in veiled form). But, I think the question is not whether the threats are credible, but whether Greek parliamentarians are capable of thinking the "unthinkable".
One whose delusions are out of fashion.
To paraphrase askod's sig line:
A vote for PES is a vote for the ECB! A vote for EPP is a vote for the ECB! Support the ECB, vote EPP-PES in 2011!
Economics is politics by other means
Together they will surround the Parliament and hope to block MPs from entering the building, as the discussion on the draconian medium-term programme.
by gmoke - May 19
by redstar - May 12 18 comments
by redstar - May 14 14 comments
by redstar - May 6 50 comments
by Luis de Sousa - May 1 13 comments
by talos - Apr 29 49 comments
by gmoke - Apr 29 2 comments
by In Wales - May 3 1 comment
by gmoke - May 19
by redstar - May 1414 comments
by redstar - May 1218 comments
by redstar - May 650 comments
by In Wales - May 31 comment
by Luis de Sousa - May 113 comments
by gmoke - Apr 292 comments
by talos - Apr 2949 comments
by ManfromMiddletown - Apr 245 comments
by afew - Apr 2056 comments