Wed Jun 13th, 2012 at 05:02:00 AM EST
There is famous about social movements attributed to Gandhi: "First they ignore you, then they laugh at you, then they fight you, then you win". It appears SYRIZA may be on its way to winning. From Eurointelligence: Spain en route to a full ESM programme (13.06.2012)
The EU is willing to renegotiate the Greek program after the elections
The EU is willing to renegotiate the Greek program irrespective of the outcome of this Sunday’s elections in Greece, Financial Times Deutschland reports. According to the paper EU sources said that one could not refuse a renegotiation if the aim was to keep Greece in the eurozone. FTD quotes a member of the troika who says that the program is “off track” anyway. Wolfgang Schäuble told members of the CDU/CSU parliamentary group that the next troika visit to Athens after the constitution of a new government would officially proclaim that the program’s conditions had not been fulfilled. Also Jean-Claude Juncker is in favour of renegotiating the time table for deficit reduction in Greece as long as the substance of the program remains untouched. EU sources fear however that the readiness to renegotiate the Greek program might lead to the IMF’s withdrawal from the Greek program.
And, in other @AthensNewsEU
#Samaras: We want Greece to remain in the eurozone and we want to renegotiate (the memorandum)