...The Greek vote has settled nothing. In fact, it may not even lead to the formation of a government; the last election failed to produce a government and forced this election. That the European crisis most severely affected a country so politically fractious could be seen as pitiable. On the other hand, one could argue that the crisis inevitably would be most severe in the most divided country -- not because the divisions caused the crisis, but because the crisis caused the divisions.
The pressure brought on by the circumstances in Greece undermined whatever political order was in place; the choices for olicymakers were so limited and so frightening that coherent responses were difficult. Greece has options, but it is unable to choose one. ...
...Greece's indecisions are at the ground level of Europe. Another and more significant framework for indecision is emerging in Franco-German relations...
...This is not a simple matter of divergent economic theory. It is a matter of national interest. France is not as economically decrepit as Spain or Italy, let alone Greece, but nonetheless it is feeling the pressures of the financial crisis. If Europe continues on its path toward recession, France will face higher unemployment and therefore domestic political pressure under the German plan. It is not in Hollande's or France's interests to follow the German course...
< br />Και η απάντησή μου είναι:
