A SYRIZA win in the predicted Greek snap elections can trigger changes that may put an end to austerity throughout Europe, says a Guardian article.
“If the radical leftist party SYRIZA does indeed triumph in a possible snap poll in the new year, there will undoubtedly be a concerted attempt to choke the experiment at birth. That matters not just for Greece, but for all of us who want a different sort of society and a break from years of austerity,” says Guardian’s Owen Jones, adding that this would be the first time in EU’s history that a radical leftist party gets in power.
SYRIZA will demand from Greece’s creditors to cut a substantial chunk of the sovereign debt and renegotiate the bailout program. It also proposes that the debt could be repaid through economic growth and not by budget cuts. It promises to put an end to tax evasion by the rich and employment programs.
The article also describes the efforts of the conservative coalition forces to remain in power in Greece, aided by EU officials like President of the European Commission Jean-Claude Juncker or commissioner Pierre Moscovici who have hinted that a SYRIZA win might hurt Greek economy and its place in the euro zone.
The possibility of a confrontation between a SYRIZA government and the EU is great and Greece may receive enormous pressure from the European Central Bank and a Grexit could happen. It is like democracy in Greece could be attacked by outside forces.
Still, “a SYRIZA government could spur on other anti-austerity forces across the continent,” Jones says. Leftist parties like Podemos in Spain or Die Linke in Germany — both countries in the heart of EU imposed austerity — could be invigorated.
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