Sunday, May 6, 2012

Greece: Nazis Bad, Tsipras Good!

Obviously the Golden Dawn party doing well in Greece is not what you want.  Their logo is at right, and it may remind you of something.

But the Greek election result still seems pretty good to me.  Nothing I've read indicates that Golden Dawn is going to end up in a governing coalition, and the bigger news is that the anti-austerity left wing Syriza party came in second.  Their leader, Alexis Tsipras, sounds good enough to me: “The crisis isn’t just Greek, it’s European,” he said on April 22. “There will either be a collective, sustainable and fair European solution to the public debt issue or it will collectively fall apart."

If Tsipras and the other anti-austerity parties can form a coalition government, and the newly elected Hollande is willing to push for greater accommodation of countries on the Eurozone periphery, maybe we'll end up with enough political pressure to move Eurozone policymakers in an anti-austerity direction. In light of this, there's room for Golden Dawn's success to actually be a positive thing.  If you like European political integration and you don't like Nazis (I take it that this is the stance of EU policymakers) you might be willing to make deals with a left-wing Greek coalition that keeps the Nazis from rising any further.
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