The chorus of anti-austerity voices grows louder in Greece as Athens scrambles to form a coalition government. While eurocrats prepare to give Greece the boot, political analyst Alessandro Politi told RT speculators are Europe’s real enemy.
Greek President Karolos Papoulias has called on the leaders of the country’s three biggest parties in a last ditch effort to avoid new elections. With the Left Coalition SYRIZA party insisting that it will not participate in any government “that will implement the bailout,” Greece faces bankruptcy within weeks, and a likely ejection from the eurozone. But as Greece is told to suffer more austerity or say goodbye to the euro, Politi told RT there is a third way.
RT: Greece's predicament is unenviable. It could leave the Eurozone, maybe default, start from scratch – or try and stick out more than a decade of austerity. Which direction should it go?.... MORE