Skip to main content

Greek officials prepare public for Grexit!

globinfo freexchange

Two high-ranking Greek officials made some statements that can be considered an indication that SYRIZA may have been already prepared for the possibility of Greece leaving the eurozone, a case well-known now with the term Grexit.

Speaking on BBC Radio 4 Today, Euclid Tsakalotos, implied that the Greek government may be forced to go to elections if Greece's creditors insist on the catastrophic policies, bringing the Grexit possibility on the table.

From enikos.gr:

Our position is that if we have an economically feasible plan that doesn’t create recession and continue the debt trap we will sign. If we don’t, we have to go to the Greek people because we have no mandate to leave the euro, and that would be a very bad eventuality. But we will consult the Greek people. Because our mandate was the best possible deal within the euro, as we are pro-European. If that is not on the cards, and if Europe says you can do whatever you want, you can vote what you want but in the end you always have to do the same policies, then we’ll have to reconsider with the Greek people what to do about that,” Tsakalotos said.

He argued that Grexit would radically change the nature of the single currency.

Once one country has left, you change a monetary union into a fixed exchange rate system, where it’s a cost-benefit analysis whether another country leaves. My greatest fear is that the break-up of the euro will return (us) to the competitive devaluations, and the nationalisms, and the kind of politics we had in the 1930s,” he added.


Let us remind that the "West-nurtured" Tsakalotos has been included in the Greek negotiating team as being member of the moderate section of SYRIZA, to boost the progress of negotiations.

Another one Greek official, the Deputy Minister for Social Security, Dimitris Stratoulis, went further by saying that the "creditors would suffer much more than Greece in the event of Grexit. People should not worry. We would have difficulties for several months but then everything would be fine." (http://www.grreporter.info/en/syriza_not_afraid_grexit/12859)

Stratoulis is considered to belong in the most radical part of SYRIZA and this recent statement is remarkably close to Lapavitsas' position, as expressed recently, who steadily supports that Grexit and the return to national currency could be proved beneficial, saving the Greek economy.

Prior to the Greek elections of 25th January, mainstream media journalists tried to force SYRIZA MPs to reveal possible "forbidden" options in case they would take power. Most common questions were "if the creditors say no, where will you find the money?" and "will you stay in eurozone at any cost?". In several cases, Alexis Tsipras answered that euro is not a "fetish", implying that there is a limit in people's sacrifices, thus not "at any cost".

Everything shows that SYRIZA had probably studied certain possible actions towards the direction of a smooth - as much as possible - Grexit, long before taking power. It is also possible that Tsipras administration used the four-month truce period to prepare better for Grexit, because the two sides in the negotiation table have huge ideological differences and they know it. Which brings us closer to the ultimate battle in the European field.

Comments

  1. Anonymous19/6/15 03:11

    Anyone who knows Greeks well also knows they are the obvious people to smash the golden calf.
    They can hold anything together, from a shipping line to a room air conditioner, with chewing gum and a couple of drachma. Their religion is in their bones...not intellectual or preachy. They always have a cousin that can fix anything. They need that cousin...they deserve to keep their country.

    ReplyDelete
  2. I have several Greek friends and they are very hard working people.The problem is the banks and the governments.Think Cyprus.The banks make stupid mistakes and they want the people to pay.We in the US have a machine called a printing press that allows us time but our day will come and like Greece it won't be fun.

    ReplyDelete

Post a Comment

Popular posts from this blog

Gaza 2 Years On: Yanis Varoufakis & Katie Halper on the Flotilla, Israel's PR Machine & What’s Next

DiEM25   Two years since October 7, Katie Halper (‪@TheKatieHalperShow‬) and Yanis Varoufakis join host Mehran Khalili to break down Israel’s genocide in Gaza, the latest on the flotilla, Israel’s influencer PR push, and the “peace plan”.  

Capitalism & Genocide - Yanis Varoufakis Speech at the Gaza Tribunal, 23rd October 2025, Istanbul

Yanis Varoufakis   On 23rd October, Yanis Varoufakis testified in front of the Jury of Conscience in the context of the Gaza Tribunal. His speech focused on the economic forces underpinning the genocide of the Palestinian people. In particular, he spoke on the manner in which capitalist dynamics have historically fuelled the white settler colonial project and, more recently, how the accumulation of a new form of capital - which he calls cloud capital - has accelerated, deepened and amplified the economic forces powering and propelling the machinery of genocide. 

The Rise of the Thielverse & the Surveillance State

The Chris Hedges YouTube Channel  Whitney Webb traces the Thielverse’s rise and the construction of the bipartisan modern surveillance state that Trump and his benefactors are deploying against dissidents and immigrants today.

World leaders rebel against US & Israel: to save Gaza, they demand international intervention

Geopolitical Economy Report   Leaders from dozens of countries condemned the USA and Israel in their speeches at the UN General Assembly, demanding international intervention to save Gaza. Diplomats staged a mass walkout to protest Netanyahu's speech. Ben Norton shows how Latin American governments are standing in solidarity with Palestine.  

Freedom Flotilla Coalition & Thousand Madleens to Gaza sailing to break the siege

Freedom Flotilla Coalition   The next wave is already being prepared, help us buy the boats and get them ready to sail!  

Προβλέψεις ...

GR elections Update (15/9): Αναθεωρημένες προβλέψεις (μετά το δεύτερο debate): ΣΥΡΙΖΑ 28-30% ΛΑΕ + ΣΧΕΔΙΟ Β' κ.λ.π. 20-23% ΝΔ 11-13% ΧΑ 6-8% ΚΚΕ 5-5,5% ΕΝΩΣΗ ΚΕΝΤΡΩΩΝ 2,5-3% ΠΟΤΑΜΙ 2,5-3,5% ΠΑΣΟΚ + ΔΗΜΑΡ 3-4% ΑΝΕΛ 2,5-3,5% Update (11/9): Αναθεωρημένες προβλέψεις (μετά το πρώτο debate): ΣΥΡΙΖΑ 25-28% ΛΑΕ + ΣΧΕΔΙΟ Β' κ.λ.π. 20-23% ΝΔ 11-13% ΧΑ 6-8% ΚΚΕ 5-5,5% ΕΝΩΣΗ ΚΕΝΤΡΩΩΝ 3,5-4% ΠΟΤΑΜΙ 2,5-3,5% ΠΑΣΟΚ + ΔΗΜΑΡ 3-4% ΑΝΕΛ 2,5-3,5% Update (04/9): Αναθεωρημένες προβλέψεις: ΣΥΡΙΖΑ 23-25% ΛΑΕ + ΣΧΕΔΙΟ Β' κ.λ.π. 20-23% ΝΔ 12-15% ΧΑ 6-8% ΚΚΕ 5-5,5% ΕΝΩΣΗ ΚΕΝΤΡΩΩΝ 3,5-4% ΠΟΤΑΜΙ 2,5-3,5% ΠΑΣΟΚ 3-4% ΑΝΕΛ 2,5-3,5% Update (29/8): Αναθεωρημένες προβλέψεις: ΣΥΡΙΖΑ 23-25% ΛΑΕ + ΣΧΕΔΙΟ Β' κ.λ.π. 20-23% ΝΔ 12-15% ΧΑ 6-8% ΚΚΕ 5-5,5% ΕΝΩΣΗ ΚΕΝΤΡΩΩΝ 4-4,5% ΠΟΤΑΜΙ 4-4,5% ΠΑΣΟΚ 3-4% ΑΝΕΛ 2,5-3,5% Update : Αναθεωρημένες προβλέψεις: ΣΥΡΙΖΑ 26-27% ...

A response to misinformation on Nicaragua: it was a coup, not a ‘massacre’

There is so much misinformation in mainstream corporate media about recent events in Nicaragua that it is a pity that Mary Ellsberg’s article for Pulse has added to it with a seemingly leftish critique. Ellsberg claims that recent articles, including from this website, often “ paint a picture of the crisis in Nicaragua that is dangerously misleading. ” Unfortunately, her own article does just that. It looks at the situation entirely from the perspective of those opposing Daniel Ortega’s government while whitewashing their malevolent behavior and downplaying the levels of US support they have relied on. Her piece is an incomplete depiction of what is happening on the ground, ignoring many salient facts that have come to light and which have been outdated by recent events. The following is a brief response to Ellsberg’s main points from someone who lives in Nicaragua and has observed the situation directly and intimately: https://grayzoneproject.com/2018/08/15/a-res...

The REAL reason why Trump is attacking Latin America

Geopolitical Economy Report   The Donald Trump administration seeks to forcibly impose the US empire's hegemony in Latin America, waging war on Venezuela, imposing sanctions on Colombia's President Gustavo Petro, hitting Brazil with tariffs, and meddling in Argentina's election. Ben Norton explains how Trump and Marco Rubio are trying to cut off all western hemisphere ties with China and Russia, bringing back the colonial Monroe Doctrine, now known as the Donroe Doctrine.   

Mossad ‘in contact from very beginning’ with killers of Italian PM, reporter reveals

A roving reporter who covered Italy’s top politicians explains to The Grayzone how his country was reduced to a joint US-Israeli “aircraft carrier,” and raises troubling questions about an Israeli role in the killing of Prime Minister Aldo Moro.   by Kit Klarenberg and Wyatt Reed   Part 1   For years, Israel’s Mossad monitored and secretly influenced a violent communist faction that carried out the March 16, 1978 kidnapping and murder of Italian statesman Aldo Moro, veteran investigative journalist Eric Salerno has documented. Having worked closely alongside multiple Italian heads of state during his 30-year career as a correspondent, Salerno published an expose of their secret relationship with Israeli intelligence in 2010 called Mossad Base Italy. The reporter told The Grayzone that Moro, who was arguably Italy’s most important leader, became a thorn in the side of powerful forces who sought to keep his country firmly lodged in the pro-Western bloc. Salerno believes It...

Already happens: Capitalism destroys human labor force and goes to the next phase

by system failure Connecting the dots one can discover the most nightmarish scenarios. Destructive capitalism's next phase is the total substitution of the human labor force with robotic machines, or in other words, the hyper-automatization. There is a process taking place right now, and no one (or nearly no one) knows what would happen after its completion. The true picture behind unemployment From a latest article in PressTV: “ Did you know that there are nearly 102 million working age Americans that do not have a job right now? And 20 percent of all families in the United States do not have a single member that is employed. So how in the world can the government claim that the unemployment rate has “dropped” to '6.3 percent'?” “ Well, it all comes down to how you define who is 'unemployed'. For example, last month the government moved another 988,000 Americans into the 'not in the labor force' category.” http://www.presstv.ir/detail...