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1/25/15

Greece election: Tsipras promises ‘return to democracy’

Greek Prime Minister Antonis Samaras stepped out to vote on Sunday knowing that he is likely to be swept from power in the country’s general election.

Voters were expected to give the anti-austerity Syriza party the parliamentary majority.
The left-wing newcomers have led opinion polls for months and are committed to cancelling many of the terms of Greece’s debt bailout package.

Samaras appealed to undecided voters to keep the country on a stable path.

But the 40-year-old Syriza leader Alexis Tsipras has won over many of them.

He promised that Sunday’s vote would see democracy return and the rich pay their share of taxes.
Vowing to force international lenders to write off more of the national debt, his party’s win is likely to send shockwaves through global markets amid fears Greece could be forced to leave the euro.

It is unclear whether Syriza will be able to govern alone or will have to form a coalition with a smaller party
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Note EU-Digest: EU austerity programs have made half the Greek population unemployed - but then again the Greeks are not known to be the most industrious and innovative people in the EU. If this changeover works, however, they will have been the first EU country to dent the capitalist grip of the financial industry on the EU without totally collapsing, and more EU countries could follow. Bottom line = austerity programs are not the answer to achieve progress.People will eventually revolt. It has happened in Greece.

Read more: Greece election: Tsipras promises ‘return to democracy’ | euronews, world news

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