Greek referendum: Alexis Tsipras hails victory for No (OXI) campaign

oxi

Greek referendum: Alexis Tsipras hails victory for No campaign – live updates

Alexis Tsipras, the Greek prime minister greeted the result telling the nation in a televised address that the Greek people had made a very “bold choice”.

Greek people today gave an answer to [the question of] what Europe we want? And what we want is a Europe of solidarity,” he said adding that he would relaunch negotiations with creditors immediately.

I want to thank each and every one of you …. I want also to thank the thousands of European citizens who have shown practicably what solidarity means.

Now it’s up to Merkel. How she responds in the coming days won’t just determine the fate of the eurozone, but will reflect on her as well, both at home and abroad, and it is hard to imagine a scenario where she emerges unscathed. The leading German newsmagazine Der Spiegel ran a cover story that lay the responsibility for the future of Greece and of the eurozone firmly at her feet. The magazine accused her of provoking the crisis through an approach it called “pedagogical imperialism.” :

The euro crisis opened up a new dimension of power for Merkel. Since 2010, there has been an endless series of crisis summits in Brussels and the German chancellor was always the center of attention. She was the one sitting on the biggest war chest, a fact which granted her far-reaching influence. And Merkel enjoyed her role as the queen of Europe. She didn’t lord it over the others: She wasn’t as loud as Gerhard Schröder and wasn’t as forceful as Helmut Kohl.

Instead, she did what no German chancellor had ever done before. She followed a policy of pedagogical imperialism, with the lesson plan calling for budgetary discipline, labor market reform and privatization. It worked in Spain, Portugal and Ireland, but in Greece, the conditions imposed by creditors were not seen as necessary medicine but as a poison that was destroying society.

Tell Wolfgang Schäuble to stick it!!! He’s the face of the economic-fascism behind Merkel and the right-wing conservative party… At a recent address by Ger­man Finance Min­is­ter Wolf­gang Schauble (given to the Coun­cil on For­eign Rela­tions) Lucy braced the vet­eran politi­cian over Germany’s hypocrisy con­cern­ing Greek debt: Read and listen to Lucy Komisar vs. Wolfgang Schauble.

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