Blog 2023 Malcolm Blair-Robinson

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Malcolm Blair-Robinson U.S          Malcolm Blair-Robinson U.K.

Prime Minister Tsipras has called a snap election to reinforce his country’s acceptance of the best terms it can get from a discredited eurozone. Once again the Greeks are being asked to vote; the problem from which these remarkable people suffer is that they vote for one thing but get another. This has happened to them twice this year already. Tsipras knows this. He is a politician with integrity and he feels he must renew his mandate, especially as the left wing of his party has broken off to form a new grouping.

Opinion is divided over whether these latest terms, accepted under duress by a parliament knowing that to refuse meant economic chaos. Some believe that this is the deal which will set Greece on the road to recovery. Others see another crisis looming down the road. It is absolutely certain that nothing will work unless the euro group, ie Germany, agrees to significant and substantial debt relief on a scale much greater than anything on the agenda at the moment. The IMF believes this and is pressing its point hard.Christine Lagarde has emerged as a friend of the Greek people. A friend in need is a friend indeed, as the saying goes.