Ok this is my understanding of what seems to be the deal emerging, - TopicsExpress



          

Ok this is my understanding of what seems to be the deal emerging, as far as Syrizas calculation goes: they can get a majority with ANEL against the Memorandum (ie against EU austerity), and can get a majority with Pasok and To Potami on social issues. ANEL will take only the Ministry of Shipping. That is the theory. There are more developed versions of the argument that stress the need to win a majority inside Greek society (ie what us old lefties would call a popular front). It is, to say the least, a somewhat precarious balance. And it carries the serious risk, in having ANEL onboard, of spreading demoralisation and confusion elsewhere. ANEL are something like Ukip, but their leader is more obviously racist than Farage. The bailout funding expires on 28 Feb. That is Syrizas hard deadline. ECB is withholding QE funding from Greece unless it agrees to more austerity. Interesting times.
Posted on: Mon, 26 Jan 2015 10:58:51 +0000

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