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Greece Reflects Growing Economic Turmoil

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Greece Reflects Growing Economic Turmoil


Hard times coming.

by Stephen Lendman

Straightjacket Eurozone rules trap 17 dissimilar countries. Greece proved most vulnerable. It's cratering under imposed austerity. 

It's the epicenter of Europe's deepening economic crisis. Fed up Greeks want change. May 6 parliamentary elections favored anti-austerity candidates.

Coalition talks failed. On June 17, new elections may or may not settle things. Round one runner-up SYRIZA (the Coalition of the Radical Left) campaigned on "tear(ing) up the barbaric accord." 

On Greece's NET TV, its leader Alexis Tsipras said:

"We are being asked to agree to the destruction of Greek society. SYRIZA won't betray the Greek people."

It's expected to emerge first and gain an automatic extra 50 parliamentary seats. Polls show it's gaining strength. With or without enough support, forming an anti-austerity coalition looks problematic. 

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I was born in 1934, am a retired, progressive small businessman concerned about all the major national and world issues, committed to speak out and write about them.

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