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Killing the European ProjectSuppose you consider Tsipras an incompetent twerp. Suppose you dearly want to see Syriza out of power. Suppose, even, that you welcome the prospect of pushing those annoying Greeks out of the euro.Even if all of that is true, this Eurogroup list of demands is madness. The trending hashtag ThisIsACoup is exactly right. This goes beyond harsh into pure vindictiveness, complete destruction of national sovereignty, and no hope of relief. It is, presumably, meant to be an offer Greece can’t accept; but even so, it’s a grotesque betrayal of everything the European project was supposed to stand for. Who will ever trust Germany’s good intentions after this?The European project — a project I have always praised and supported — has just been dealt a terrible, perhaps fatal blow. And whatever you think of Syriza, or Greece, it wasn’t the Greeks who did it.
No, the Greek agreement is not a coup and if you think it is, you're an idiotLikening today's German government to the Nazi regime is offensively stupid
QuoteNo, the Greek agreement is not a coup and if you think it is, you're an idiotLikening today's German government to the Nazi regime is offensively stupid http://www.telegraph.co.uk/news/worldnews/europe/greece/11735990/No-the-Greek-agreement-is-not-a-coup-and-if-you-think-it-is-youre-an-idiot.html
.....A few things that many of us took for granted, and that some of us believed in, ended in a single weekend. By forcing Alexis Tsipras into a humiliating defeat, Greece’s creditors have done a lot more than bring about regime change in Greece or endanger its relations with the eurozone. They destroyed the eurozone as we know it. They demolished the idea of a monetary union as a step towards a democratic political union and reverted to the nationalist European power struggles of the 19th and early 20th century. They demoted the eurozone into a toxic fixed exchange-rate system, with a shared single currency, run in the interests of Germany, held together by the threat of absolute destitution for those who challenge the prevailing order. The best thing that can be said of the weekend is the brutal honesty of those perpetrating this regime change ......Wolfgang MünchauThe Financial Times