“in which case, may I be the first to say well done Gerry.”

Aided and abetted by the right-wing nationalists of the Independent Greeks, Alexis Tsipras has been returned to power in Greece at the head of a New Syriza “experiment” to implement the EU bail-out, and associated austerity measures, that the Old Syriza experiment was once elected to oppose.  Given the contortions Tsipras has put his party, and his country, through it was interesting to see the Sinn Féin president, Gerry Adams, quick off the mark to congratulate Tsipras [on his chutzpah? – …

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Greek deal: This Is NOT a Coup

Whether the Syriza-led government of Greece survives its own domestic democratic pressures remains to be seen following the deal struck at the Eurozone summit yesterday – in the end the 28 EU leaders didn’t have to meet…  The Guardian live-blog on the Greek crisis notes one possible scenario Analysts at Eurasia Group suspect Greece could soon head towards a national unity government, if many government MPs refuse to back the bailout deal on Wednesday night. If Tsipras loses his majority and potentially even …

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European Council President on Greek Crisis: “the final deadline ends this week”

Following what the German Chancellor, Angela Merkel, is reported to have described as a “very long, intensive”, “very clear and candid discussion” at the emergency summit of Eurozone leaders in Brussels tonight, some details are emerging of the next steps in the continuing Greek crisis.  From the Guardian’s live blog. Europe has given Athens one last chance to produce a credible economic reform plan that could underpin a new bailout.  It has also threatened that Greece will leave the Eurozone …

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“Greece today is angry and fearful, divided and conflicted, and will still be after Sunday’s vote.”

With Sunday’s controversial, and confused, Greek referendum clearing its constitutional test in the courts, the Guardian Data Blog rounds-up the polls – as of 12.34pm Friday.  The then-live-blog added An Ipsos poll just released shows the referendum on a knife-edge. It has yes on 44% and no one point behind on 43%, with 12% still undecided. The number of undecided respondents underscores the significant potential for volatility, Ipsos said, describing the referendum as “too close to call”. The poll is the fifth …

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Greek Referendum: “a chunk of undecided voters to fight over.”

Via the Guardian’s Greece crisis blog.   Another wrinkle for the game theory academics in the Syriza-led Greek Government, and those agitating on their behalf, to contemplate ahead of the controversial, and confused, on/off/on 5 July referendum in Greece. GPO poll Yes 47.1% No 43.2% Undecided 6.3% (via @euro2day_gr) #Greferendum #Greece #politics pic.twitter.com/xJRr3K2uAC — MacroPolis (@MacroPolis_gr) July 1, 2015 Pete Baker

“In both camps the eurozone crisis is met with a hint of relish…”

Rafael Behr in the Guardian is worth reading on so many levels… There is blame enough for everyone. Alexis Tsipras’s promise to the Greek people of euro membership without austerity was dishonest. Other European leaders were constrained by their own democratic obligations. There are citizens from Ireland to Latvia who have already swallowed bitter reforming medicine and paid taxes that fund bailouts. They resent Athens threatening to destabilise their economies with demands for special treatment. This is not to say …

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Is the Greek crisis running an important political counterfactual on Ireland’s ‘nightmare bailout’?

I have to say that I take a rather different view from Paul on Ireland and the current phase of the Eurocrisis. Like all wicked problems, it is one replete with all sorts of layers and the Grexit issue is only one in a long line of thorny issues that will have to be dealt with. If there is a value in the comparison with Thatcher it might be between Tspiras and Arthur Scargill. You cannot fail to sympathise with the …

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“For those who can’t read Greekdebtspeak, well, you’re on your own”

With European leaders, including Syriza’s erstwhile ally the Italian Prime Minister Matteo Renzi, warning Greek voters that they will be, effectively, deciding whether or not they want to stay in the eurozone, the BBC takes a side-ways look at the wording of the controversial 5 July referendum the Greek Prime Minister Alexis Tspiras suddenly announced at the weekend.  From the BBC article Voters go to the polls for the Greek referendum. pic.twitter.com/xpp3OWEvgX — Jamie Ross (@JamieRoss7) June 29, 2015 Here’s the …

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More Greek gamesmanship…

With the Greek Parliament, and Greece’s creditors in Europe and elsewhere, discussing the latest sudden manoeuvre by the game theory academics in the Syriza-led Greek Government, via the Guardian’s live-blog, here’s a reminder of Alexis Tspiras’ criticism of ex-PM George Papandreou’s, failed, attempt to hold a similar referendum in 2011. @graemewearden A transcript of @atsipras‘s scathing criticism of the 2011 proposed referendum, with compliments. pic.twitter.com/TIqQ10ZAdp — Finisterre67 (@Finisterre67) June 27, 2015 With the new manoeuvre almost certainly designed to short-circuit the …

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Cartoon – Martin Varoufakis

Yesterday Theresa Villiers hosted the Stormont House Agreement Implementation Review meeting with the 5 Executive parties and Irish Government. Word has it Deputy First Minister Martin McGuinness fired a verbal volley at Secretary of State. Very Varoufakis. Brian SpencerBrian is a writer, artist, political cartoonist and legal blogger. Actively tweeting from @brianjohnspencr. More information here: http://www.brianjohnspencer.com/ www.brianjohnspencer.com/

IMF to Tsipras: “You’ve got to ask yourself one question. Do I feel lucky? Well, do ya, punk?”

After more of the familiar lies and misdirection yesterday, there were some optimistic noises from Brussels last night as the leaders of Germany, France and Greece met on the side-lines of the EU-Latin America summit.  They were short-lived. Having tried to play the International Monetary Fund, and its managing director, Christine Lagarde, last week, the game theory academics in the Syriza-led Greek Government are being treated to a practical lesson in hard-ball negotiations by the IMF.  As the Guardian’s Larry Elliott …

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“Greece is joining a fairly exclusive club…”

Which ‘club’, exactly, remains to be seen…  If you’ve been having trouble following the twists and turns and lies and misdirection of the on-going Greek financial crisis [Join the club! – Ed] *ahem*  Perhaps some notes on Greece’s Syriza-led Government’s latest reverse-ferret decision to delay Friday’s €300m (£216m) debt repayment to the International Monetary Fund, and bundle all four of its June payments together in one easy €1.5billion payment by 30 June might help.  30 June, according to the BBC report, is the …

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Jean-Claude Juncker: “[Tsipras] must explain that some of the promises upon which he was elected will not be honoured…”

As Mick has noted, at the weekend the under-pressure new Greek Prime Minister Alexis Tsipras took undiplomatic aim at the governments of Spain and Portugal [But not Ireland! – Ed] in an attempt to explain the outcome of European negotiations to his Syriza party coalition. The European Commission has been quick to step in to act as a “mediator” after receiving complaints from the Spanish and Portuguese authorities, but not before those governments had responded in kind. Spanish Prime Minister Mariano Rajoy hit back …

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“…the platform on which Syriza won the recent general election has been significantly reconstructed.”

What now for “the Syriza experiment“?  The Irish Times reports that the Eurogroup of finance ministers have deemed the Greek government’s list of proposed reforms to be “sufficiently comprehensive” for a four-month extension of the Greek bailout programme which was due to expire on Saturday. In an official statement released after today’s conference call between euro zone finance ministers, the euro group said that the proposal was “sufficiently comprehensive” to be a valid starting point for a successful conclusion of …

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[Updated] Sinn Féin behaves like the Tories in North and talks like Syriza in the Republic

To be fair, I nicked that headline from Derek Mooney, a former FF special advisor, so there is an evident and intended spin to it. And yet it contains more than just a grain of truth to it. Having nearly collapsed the Assembly [Aye right! – Ed] Sinn Fein accepted the outline of a deal it had originally co-produced with the DUP with very little clear detail on what extra money would be forthcoming. Courtesy of Gerry Moriarty in the Irish Times, Martin McGuinness …

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“…complex issues cannot always be addressed via online petitions.”

Sinn Féin, and others, agitating on behalf of “the Syriza experiment” following the recent elections in Greece, has more to do with positioning to blame the current Irish Government for the likely outcome [added link] than any professed desire for a resolution in Ireland’s favour. But there are a few things to note about the rise of the various Eurosceptic and anti-establishment parties across Europe [Who “will ultimately chose financial and macroeconomic stability over revolution? – Ed].  Perhaps… Firstly, domestic democratic pressures …

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Now in power, policy will affect the extent which Syriza can continue to wing it

World by Storm on the Greek situation… It genuinely is a situation where it is near impossible to forecast how matters pan out. Interesting to read the view of some yesterday that Syriza regards the current government as a very very temporary thing, almost a means of getting themselves into play at national level. It makes sense, but that only works, both on a political level and economic level both in Greece and more broadly in Europe, if there’s actual …

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“Sunday’s election could be a significant day for Europe…”

The campaign may have resembled a “political circus”, but Sunday’s general election in Greece could see the leftist Syriza, led by former communist Alexis Tsipras, emerge as the leading party – but in search of a partner-in-government [We’ve been there before! – Ed].  Indeed.  Although, they could still achieve a majority… In the meantime, the Irish Times highlights a report from Standard & Poor, “European Sovereign Creditworthiness Might Diminish If Eurosceptics Take Power”.  From the Irish Times report In a report assessing the rise …

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