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The Heat Is on Greece’s Alexis Tsipras, From Inside and Out
Keywords:
Nikos Voutsis, Greece's interior minister, says Greece lacks the money to make debt repayments of 1.6 billion euros to the IMF in June 2015. A proposal by the Left Platform, a faction within Syriza party led by energy minister Lafazanis, which has support of 30 of the 149 Syriza representatives in the Greek parliament, calls for not making debt repayments and looking for an alternate plan. It was defeated by the central committee of the Syriza party on May 24, 2015, with the vote 95 to 75 showing intense opposition within Syriza. Instead Syriza voted for a proposal to call for mutually beneficial negotiations and a deal that would preserve its core goals- a low target for the primary budget surplus, avoid more cuts to pensions, and restructuring Greece's debt to include an investment plan for economic recovery. Both sides in the negotiations, the EU/IMF and Syriza government in Greece, reached an impasse as the negotiating tactics of finance minister Varoufakis led to German finance minister Schauble also taking a tougher stance, saying he could not rule out Greece defaulting on its debt.
Yannis Palaiologos of Katherimini newspaper on Greece in 2015, the rise of Syriza and Tsipras, and the negotiations with the EU
01/21/2015
Palaiologos gives a Greek view of the debt crisis and a failing grade for the Pasok and New Democracy parties in letting Greece fall into the debt crisis and failing to improve tax collection to protect a favored elite. The quick rise of Syriza is a response to the situation where much of the burden of servicing the debt, the spending cuts and the higher taxes, has fallen on the lower and working classes, with the upper classes in Greece failing to pay their fair share of taxes to cut the budget deficit.
Grouped Articles
Greece Is Set on a Collision Course With Europe
Wall Street Journal 01/28/2015
Wall Street Journal 01/21/2015
New York Times 02/27/2015
Greece’s Long and Painful Odyssey
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Greece Says It Is Changing Team That Negotiates With Creditors
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The James Dean Movie That Explains the Greek Debt Negotiations
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The changing mood in Athens, Greece, with the new government of Alexis Tsipras in 2015
01/28/2013
Less security around parliament, cafes and bars filled till midnight, public support for the Tsipras government climbs to 70%, a new sense of optimism pervades Athens after five years of austerity and protests. Ordinary Greeks feel the new government can take action to end the cronyism and corruption that led to the economic crisis.
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Greeks Take Heart From Syriza Government’s Defiance Toward Europe
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Greece Flashes Warning Signals About Its Debt
New York Times 04/19/2015
Greece’s Long and Painful Odyssey
Wall Street Journal 04/22/2015
The Heat Is on Greece’s Alexis Tsipras, From Inside and Out
New York Times 05/24/2015
Greece and Its Creditors Pummel Each Other, but Fight Is Not Over Yet
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Greece Wanted to Reframe Europe’s Austerity Debate. It Failed.
New York Times 07/01/2015
Krugman on the debt negotiations between Greece and the EU in April 2015- how the Syriza government Greece wins flexibility for 2015-2016
02/24/2015
Krugman cuts through the fog of media commentary about the Greece negotiations with the EU in April 2015. He says in actual fact the situation is better for Greece than under the previous government, with Greece winning new flexibility for how much it must make in cuts. Under the Samaras government the primary surplus, which is the difference between revenue and expenditures not counting interest on debt, would have to triple from what it is likely to be now. Syriza Tsipras government has won flexibility by keeping language about increases in the future surplus obscure. Krugman points out that it is the primary surplus that matters most, because it is the money Greece has to transfer to creditors. On the revenue side Krugman says collecting taxes needs to be more efficient, and he cannot see how this should be any other way. In the eurozone as a whole the move is away from austerity and towards constructive reforms that promote economic growth. Italy and France also won new flexibility in talks with the EU in addressing the deficit for 2015-2016. As a result the story is positive for the eurozone, yet commentary in the media makes it look like there is the prospect of further decline in the region. As a sign of the recovery auto sales in the eurozone increased by about 9% year over year for the 1st quarter of 2015, with sales increases across the eurozone including Greece and Ireland, and large increases in Spain, Portugal.
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New York Times 02/27/2015
In Greek Crisis, Rare Moment of Consensus
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New York Times 04/20/2015
Greece Flashes Warning Signals About Its Debt
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Greece’s Long and Painful Odyssey
Wall Street Journal 04/22/2015
Greece Says It Is Changing Team That Negotiates With Creditors
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Yanis Varoufakis as new finance minister in the Syriza government in Greece
01/27/2015
The new government as three professors at the finance ministry, the Economics superministry which includes tourism, marine and transport, and the Foreign ministry. Varoufakis is a professor at the University of Texas who was asked by Tsipras to return to Greece in 2014 to run for parliament in the upcoming election. This shows a growing influence of academics and professors in Greece's government as the politicians are seen to have failed badly. Yannis Stournaras the finance minister in the Samaras government in 2012-2014, was a professor of macroeconomics at the University of Athens.
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Bailout Critic Yanis Varoufakis Named Greek Finance Minister
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The Heat Is on Greece’s Alexis Tsipras, From Inside and Out
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A Finance Minister Fit for a Greek Tragedy?
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A young, impatient leftist is Greece’s defiant new face - The Washington Post
Washington Post 01/27/2015
Tsipras Declares Creditors’ Debt Proposal for Greece ‘Absurd’
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Greece and Its Creditors Pummel Each Other, but Fight Is Not Over Yet
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Alexis Tsipras's economic policy, debt, and the economy in Greece before the Jan. 2015 general election
01/28/2013
Grouped Articles
Voices Join Greek Left's Call for a New Deal on Debt
New York Times 01/08/2015
‘Grexit’ Could Happen by Accident
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Politics Risk Tripping Up Greece on Debt Relief
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Wall Street Journal 01/21/2015
Greece’s Long and Painful Odyssey
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The Heat Is on Greece’s Alexis Tsipras, From Inside and Out
New York Times 05/24/2015
Difficult negotiations between the Syriza government in Greece and the E.U., ECB, IMF, in Feb.- June 2015
01/26/2015
Grouped Articles
New Leader in Greece Now Faces Creditors
New York Times 01/26/2015
Greece Moves Quickly to Roll Back Austerity
Wall Street Journal 01/28/2015
Russia Links Loom Larger as Greece Seeks Debt Relief
Wall Street Journal 01/29/2015
Greece Runs Into Doubt Over Europe Deal
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IMF Says No Talks With Greece to Change Debt-Relief Framework
Wall Street Journal 02/05/2015
ECB Holds the Cards in Greek Standoff
Wall Street Journal 02/06/2015
Yanis Varoufakis, Greece's finance minister in the Syriza government of Alexis Tsipras
01/27/2015
Grouped Articles
Greece’s finance minister: Absent professor
Economist 04/25/2015
The Heat Is on Greece’s Alexis Tsipras, From Inside and Out
New York Times 05/24/2015
A Finance Minister Fit for a Greek Tragedy?
New York Times 05/20/2015
Bailout Critic Yanis Varoufakis Named Greek Finance Minister
Wall Street Journal 01/28/2015
A young, impatient leftist is Greece’s defiant new face - The Washington Post
Washington Post 01/27/2015
Tsipras Declares Creditors’ Debt Proposal for Greece ‘Absurd’
New York Times 06/05/2015
Brinksmanship in the EU- Greece's Syriza government negotiations just before the June 30, 2015 date for debt repayment to the IMF
04/22/2015
Grouped Articles
Economist 06/20/2015
Greece and Its Creditors Pummel Each Other, but Fight Is Not Over Yet
New York Times 06/19/2015
Greece’s Creditors Make Some Concessions as Showdown Approaches
Wall Street Journal 06/03/2015
The Heat Is on Greece’s Alexis Tsipras, From Inside and Out
New York Times 05/24/2015
Greece’s Long and Painful Odyssey
Wall Street Journal 04/22/2015
A Finance Minister Fit for a Greek Tragedy?
New York Times 05/20/2015
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