(The Real Agenda) After mortgaging the lives of millions of Greek people and many more that are yet to be born, Alexis Tsipras now says the third financial rescue is not a good deal.
Prime Minister of Greece, Alexis Tsipras, has acknowledged tonight that he “was forced” to accept a deal with partners he did not believe in on Monday, though he has committed himself to implement it, assuming “full responsibility” for the consequences.
“The truth is that Greece has been imposed a plan that only has a one-way road,” he said.
Assuming that it is “a bad deal” negotiated “on a bad night for Europe”, the leader of Syriza said the possibility of a euro exit was far worse than the harsh conditions of the agreement.
The exact opposite to Tsipras’ statement has been explained by financial experts worldwide, who said that, as in the case of Iceland, only the first few years would be tough and that it would not take much time for Greece to come back from those first difficult years.
“It would be a catastrophe for the middle and lower classes,” he said, assuring that there was no hidden agenda for Greece to exit.
In an interview with state television (ERT), reopened by the Government in June Tsipras dismissed the call for early elections despite the internal crisis in Syriza because of his openness to accept the draconian final proposal of the Troika.
“I have no reason to call elections, it will depend on what happens in my party and our partners in government,” he said. “My priority is to get a program and from there we will have the time to resolve internal conflicts and opposition,” he stressed.
Independent Greeks (ANEL), the coalition partner of Tsipras, said Tuesday that it will support the government but opposes the measures demanded by creditors. Despite the crisis in his party after accepting all the demands of the Troika,
Alexis Tsipras was willing to exhaust his four-year term, and made a distinct interpretation of the economic situation in Europe. “The severe austerity policies will not be the only option in Europe. Our duty is not to fall and expect others as we come to power,” he said, referring to the Spanish Party Podemos and other related groups.
With regard to choking the financial system, with a playpen in force for more than two weeks ago, the Prime Minister expressed confidence. “I do not think a haircut of deposits is needed.
“With just under 25 billion as the cost to recapitalize it will not be necessary,” he said, adding that capital controls will be gradually lifted, hoping that the European Central Bank will increase liquidity and he can raise the cash withdrawal limit until the reopening of banks, something that will happen “when the agreement is ratified, within approximately one month”. In the meantime, the Greek Parliament is expected to approve on Wednesday priority measures imposed by creditors.
Regarding internal disagreements, he said that “you can not put a knife to the neck of the people, pushing someone to do what they do not want, but everyone should be responsible for their decision” when voting.
“The culture of our party is that of dialogue,” he added. The juiciest part of the interview was Tsipras’ answers concerning explosive statements by Yanis Varoufakis former finance minister, who said Monday that he had prepared a plan for Greek to ecit the Euro.
“Being a brilliant economist and academic as Varoufakis is does not imply being a good politician. He carried out spirited negotiations with partners at the start, but in recent months he has made mistakes of which I am the main culprit “.
Greece will be a “vassal of the Eurogroup”
The former Finance Minister of Greece, Yanis Varoufakis, has described as “treaty of capitulation” the agreement reached on Monday with euro zone partners in exchange for the opening of negotiations for a third rescue. He said that the European states seek to turn Greece into “vassal” for the Eurogroup.
In an article published Tuesday on his blog, Varoufakis argues that the statement of the euro zone summit issued on Monday read “as a document on the terms of the capitulation of Greece.” “It is intended as a statement that confirms that Greece agrees to become a vassal of the Eurogroup,” said Varoufakis, who argued that the EU never made a decision that “mines so fundamentally the project of European integration”.
“The recent summit of the euro is nothing less than the culmination of a coup. In 1967 foreign forces used tanks to destroy Greek democracy. In my interview with Philip Adams, on ABC Radio National, I stated that in 2015 another coup took place by foreign powers using, instead of tanks, Greek banks”, Varoufakis writes in his blog.
“Perhaps the main economic difference is that, whereas in 1967 the public property was not an end, in 2015 the forces behind the coup demand the delivery of all public goods to be placed at the service of our un-payable, unsustainable debt,” he adds. According to the economist, “the leaders of Europe, with the way they treated Alexis Tsipras and our government dealt a decisive blow against the European project”.
He believes that the agreement from Monday has nothing to do with the economy, “or anything that has to do with a reform agenda capable of pulling Greece out of the mud.” “It is purely and simply a manifestation of a humiliating policy” and also an example of the “complete annulment of national sovereignty, without putting in place a ‘supranational political, pan-European power,” says the Greek politician.
“Europeans, including those who do not give a damn about Greece, should be careful,” he adds. Varoufakis believes that public opinion gives too much importance these days to behavior that deputies voting on the package have, and considers it more important to take into account whether the Greek economy has the slightest chance of recovering with such measures or if the “surrender on our part” will further deepen the county into an “endless crisis.”
Luis R. Miranda is an award-winning journalist and the founder and editor-in-chief at The Real Agenda. His career spans over 18 years and almost every form of news media. His articles include subjects such as environmentalism, Agenda 21, climate change, geopolitics, globalisation, health, vaccines, food safety, corporate control of governments, immigration and banking cartels, among others. Luis has worked as a news reporter, on-air personality for Live and Live-to-tape news programs. He has also worked as a script writer, producer and co-producer on broadcast news. Read more about Luis.