New Greek elections

[Busen]

Vidkun Quisling was also a Norweigian, that does not mean that he desirves a Norweigian passport.

Well, he was a Norwegian citizen (the fact that he was executed for high treason reinforces this) and was therefore entitled to a passport unless the government decided against that and gave a proper reason.

Ok, but we both agree that Constantin like Vidkun is a traitor and does not desirve a Greek passport?

[Discords Equstria]

He's a moron but he's still Greek.

Vidkun Quisling was also a Norweigian, that does not mean that he desirves a Norweigian passport.

That is rather bothersome. Actually really bothersome.

Yes, such impression I got also. It should be noted the police has a lot to deal with ilegal immigrants which explains a lot why the policeman adopted neo-nazism in Golden dawn.

Still, it baffles me, why even then they would turn to Nazism.

[Southern Hampshire]

Greek economy only exists as long as foreign creditors decides it exists.

False. Greece has an economy with or without foreign creditors. It's time for the foreign creditors to realize they are no longer in control. (The creditors know this too or they would never have made the loans in the first place)

Would be nice and plausible if it were minimally true.

Greece, without foreign creditors, is completely broken. Although in all fairness it was foreign creditors themselves who made Greece break, after artificially doubling their GDP and making Greece think they are some sort of world power who can spend anything on anything.

This above statement has actually made me realise what the problem is. Greece thinks it's richer than it really is. It can't afford to upkeep their welfare and military programs, because they were all funded on fiat money. Austerity shouldn't even be real, what should be real is a complete cutback to 1998 spending and keeping it at that level until domestic spending keeps the economy up like other European countries, not overseas investors.

[MERIZoC]

Any idea what the exact number of seats Syriza's supposed to get is? WSJ says 150, Guardian says 149.

[Digital Planets]

Here's to the Golden Dawn.

[The Lotophagi]

Any idea what the exact number of seats Syriza's supposed to get is? WSJ says 150, Guardian says 149.

The Beeb says that they're still at 149 with 80% of the vote counted, but they've also stopped updating their feed.

[MERIZoC]

Any idea what the exact number of seats Syriza's supposed to get is? WSJ says 150, Guardian says 149.

The Beeb says that they're still at 149 with 80% of the vote counted, but they've also stopped updating their feed.

Current WSJ status:

95.64% votes counted | Last updated 1:23 a.m. GMT

[Atlanticatia]

Any idea what the exact number of seats Syriza's supposed to get is? WSJ says 150, Guardian says 149.

I'm guessing WSJ is accurate since they're the most recently updated it seems. Looks like 150 seats, unless something changes in the remain 4.27% of votes to be counted.

[The Lotophagi]

The Beeb says that they're still at 149 with 80% of the vote counted, but they've also stopped updating their feed.

Current WSJ status:

95.64% votes counted | Last updated 1:23 a.m. GMT

Le Monde seems to be on the same page as the WSJ.

[MERIZoC]

Syriza just formed a coalition with Independent Greeks (ANEL).

ATHENS—Greek voters were set to hand power to a radical leftist party in national elections on Sunday, a popular rebellion against the bitter economic medicine Greece has swallowed for five years and a rebuke of the fellow European countries that prescribed it.

With nearly all votes counted, opposition party Syriza was on track to win about half the seats in Parliament. In the wee hours of the morning, it clinched a coalition deal with a small right-wing party also opposed to Europe’s economic policy to give the two a clear majority.

Must admit, did not see that coming.

[Atlanticatia]

Syriza just formed a coalition with Independent Greeks (ANEL).

ATHENS—Greek voters were set to hand power to a radical leftist party in national elections on Sunday, a popular rebellion against the bitter economic medicine Greece has swallowed for five years and a rebuke of the fellow European countries that prescribed it.

With nearly all votes counted, opposition party Syriza was on track to win about half the seats in Parliament. In the wee hours of the morning, it clinched a coalition deal with a small right-wing party also opposed to Europe’s economic policy to give the two a clear majority.

Must admit, did not see that coming.

Can you link me to that report? I can't find it.

[MERIZoC]

Syriza just formed a coalition with Independent Greeks (ANEL).


Must admit, did not see that coming.

Can you link me to that report? I can't find it.

http://www.wsj.com/articles/syriza-poised-for-victory-in-greek-election-1422168982

[Napkiraly]

Syriza just formed a coalition with Independent Greeks (ANEL).

ATHENS—Greek voters were set to hand power to a radical leftist party in national elections on Sunday, a popular rebellion against the bitter economic medicine Greece has swallowed for five years and a rebuke of the fellow European countries that prescribed it.

With nearly all votes counted, opposition party Syriza was on track to win about half the seats in Parliament. In the wee hours of the morning, it clinched a coalition deal with a small right-wing party also opposed to Europe’s economic policy to give the two a clear majority.

Must admit, did not see that coming.

ANEL? Seriously?

Also thought they might go with PASOK or something.

[Atlanticatia]

Can you link me to that report? I can't find it.

http://www.wsj.com/articles/syriza-poised-for-victory-in-greek-election-1422168982

Wow, that's very unexpected. I guess SYRIZA plans to not make any concessions in the anti-austerity/bailout push.

[Pevorom]

So yeah, Syriza won the elections and I can safely say that I am glad I got out of Greece before that happened. Good luck to Greece, they are going to need it.

[MERIZoC]

Syriza just formed a coalition with Independent Greeks (ANEL).


Must admit, did not see that coming.

ANEL? Seriously?

Also thought they might go with PASOK or something.

I guess they really didn't want to be with a pro-austerity party, even if they only filled 1 seat for Syriza. Tsipras is for real here.

[Insaeldor]

Kinda sad to see Potima blocked out of the current government coalition (apparently) but good in the Greeks. Can't say I support SYRIZA but they at least set a message to Europe about their distaste for EU economic policy as well as Austarity measures.

[Natapoc]

So yeah, Syriza won the elections and I can safely say that I am glad I got out of Greece before that happened. Good luck to Greece, they are going to need it.

The Greek people have survived and triumphed over far worse than whatever the bankers plan to throw at them.

[Discords Equstria]

Here's to the Golden Dawn.

I hope that was sarcasm. From what I have gathered, they are just neo-nazi thugs.

[Atlanticatia]

ANEL? Seriously?

Also thought they might go with PASOK or something.

I guess they really didn't want to be with a pro-austerity party, even if they only filled 1 seat for Syriza. Tsipras is for real here.

Yep, this just proved that Tsipras means business, and isn't willing to accept any austerity.

[Hydesland]

It's difficult to guess exactly what's going to happen to Greece, this is uncharted territory.

One possibility is that they'll leave the Eurozone, reintroduce the drachma and attempt to peg it to the Euro initially - but I would expect instead a huge jump in the price level, something that could cause a great deal of hardship. After the jump though, probably a moderate recovery.

[Atlanticatia]

I'm most interested in seeing what effects this will have on European politics in a wider sense and if it means the death of the Washington Consensus.

[MERIZoC]

I'm most interested in seeing what effects this will have on European politics in a wider sense and if it means the death of the Washington Consensus.

Well, as people have mentioned, this will probably create a surge of popularity for Podemos, and other such parties, with the people inspired by this victory.

[Hydesland]

if it means the death of the Washington Consensus.

Countries reneging on IMF deals or deals with other similar institutions/nations is not new, so hardly. Leaving a currency block on the other hand, this is something I've seen studied less.

[Atlanticatia]

if it means the death of the Washington Consensus.

Countries reneging on IMF deals or deals with other similar institutions/nations is not new, so hardly. Leaving a currency block on the other hand, this is something I've seen studied less.

I feel like it could be different since it's Greece, an OECD/EU/Euro country, which is going to be able to spur political changes in the rest of Europe.