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Posts by Nick Malkoutzis
How snap elections in Greece fit into Samaras's strategy
Snap elections in Greece have been on the cards for a while. Every move made by the government in recent months (negotiations with the troika in Paris, the early bailout exit plan, calling a sudden vote of confidence and moving the date of the presidential vote forward by two months) have been vain attempts to put off the inevitable. There was never a convincing case that the coalition’s candidate would be able to gather the minimum 180 votes needed and Prime Minister Antonis Samaras’s half-hearted attempts to offer a potentially game-changing compromise over the past week were far too little, too late.
Contributor: Nick Malkoutzis
Categories: Politics (171), Greece (260)
A little more persuasion, a little less reaction
When European Commission President Jean-Claude Juncker took sides a few days ago ahead of possible snap elections in Greece, he overstepped the boundary that keeps EU officials from openly expressing an opinion about domestic politics in another country. The gradual scrubbing out of this dividing line can only damage the EU’s interests in the long-term. In the short-term, this type of intervention is detrimental to Greece.
Contributor: Nick Malkoutzis
Categories: Europe (119), Politics (171), Greece (260)
Greece: Where did it all go wrong?
When Greece returned to international bond markets in April this year after a four-year exile, it was trumpeted by Prime Minister Antonis Samaras as another step towards the crisis exit door. “Confidence in our country was confirmed by the most objective judge – the markets,” he said after investors snapped up three billion euros of five-year bonds with a coupon of 4.75 percent. Exactly seven months later, though, the yield on those bonds shot up to almost 10 percent. Suddenly, the markets do not seem so confident. So, what went wrong?
Contributor: Nick Malkoutzis
Categories: Politics (171), Greece (260)
![Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]](resources/toolip/img-thumb/2013/11/21/tsipras_1000_myrto_2111-large.jpg "Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]")
SYRIZA's date with history
SYRIZA leader Alexis Tsipras is following a well-trodden route by trying to force early elections over the presidential ballot. Several others before him have tried to exploit the loophole in the Greek constitution which means that snap polls have to be held if 180 MPs cannot be found to back a presidential candidate. The most recent opposition leader to follow this tactic was PASOK’s George Papandreou in 2009.
Contributor: Nick Malkoutzis
Categories: Politics (171), Greece (260)
The institutional weakness poisoning Greek politics
It appears that the leader of ultra-nationalist LAOS, Giorgos Karatzaferis, will stand trial in connection to kickbacks he allegedly received as part of a deal signed to supply Greece with Super Puma helicopters. While this week's developments provide some hope that those guilty of corruption (time will tell if Karatzaferis is one of them) will be brought to justice, they also highlight the inability of Greek institutions to fulfil their role as guardians of fairness and democracy.
Contributor: Nick Malkoutzis
Categories: Politics (171), Greece (260)