Greek Elections a Victory for Europe
Source: The Progressive
European officials are finally acknowledging that democracy matters.
After their initial hostile reaction to the new Greek government’s pleas for a review of the country’s crushing debt, EU leaders finally seem willing to compromise—for now.
The hardball approach of Greece’s new finance minister, Yanis Varoufakis, may have unnerved them.
“Do we really want Europe to break apart?” he asked. “Anybody who is tempted to think it possible to amputate Greece strategically from Europe should be careful. It is very dangerous. Who would be hit after us? Portugal? What would happen to Italy when it discovers that it is impossible to stay within the austerity straitjacket?”