Jul 18, 2015
Less than 48 hours after tense negotiations led to the passage of a new harsh austerity package, Greece Prime Minister Alexis Tsipras on Saturday reportedly "reshuffled" his administration, booting members of Syriza's leftist flank who opposed the controversial bailout.
"It marks the beginning of the end of his relationship with the extremist far-left faction," Aristides Hatzis, associate professor of law and economics at Athens University, told the Guardian. "But it is also clear that this is a short-term government. Tsipras's hands are tied because these people still have a strong presence in his parliamentary group."
The reorganization saw nine total changes, the most notable being the ousting of outspoken Marxist Panagiotis Lafazanis from his post as energy minister. As head of Syriza's Left Platform, Lafazanis had "led the revolt against policies he said were utterly incompatible with the party's ideology," the Guardian reports.
The Greek Parliament must pass additional reforms by Wednesday to ensure the additional bailout.
In an interview with BBC on Saturday, Yanis Varoufakis, one of the dissenting votes who had recently stepped down from his post as Finance Minister, said Tsipras had little option but to acquiesce to the demands of the Troika banks and Eurozone officials.
"We were given a choice between being executed and capitulating," he said. "And he decided that capitulation was the optimal strategy."
Varoufakis also warned that the new reforms would "go down in history as the greatest disaster of macroeconomic management ever."
Join Us: News for people demanding a better world
Common Dreams is powered by optimists who believe in the power of informed and engaged citizens to ignite and enact change to make the world a better place. We're hundreds of thousands strong, but every single supporter makes the difference. Your contribution supports this bold media model—free, independent, and dedicated to reporting the facts every day. Stand with us in the fight for economic equality, social justice, human rights, and a more sustainable future. As a people-powered nonprofit news outlet, we cover the issues the corporate media never will. |
Our work is licensed under Creative Commons (CC BY-NC-ND 3.0). Feel free to republish and share widely.
Lauren McCauley
Lauren McCauley is a former senior editor for Common Dreams covering national and international politics and progressive news. She is now the Editor of Maine Morning Star. Lauren also helped produce a number of documentary films, including the award-winning Soundtrack for a Revolution and The Hollywood Complex, as well as one currently in production about civil rights icon James Meredith. Her writing has been featured on Newsweek, BillMoyers.com, TruthDig, Truthout, In These Times, and Extra! the newsletter of Fairness and Accuracy in Reporting. She currently lives in Kennebunk, Maine with her husband, two children, a dog, and several chickens.
Less than 48 hours after tense negotiations led to the passage of a new harsh austerity package, Greece Prime Minister Alexis Tsipras on Saturday reportedly "reshuffled" his administration, booting members of Syriza's leftist flank who opposed the controversial bailout.
"It marks the beginning of the end of his relationship with the extremist far-left faction," Aristides Hatzis, associate professor of law and economics at Athens University, told the Guardian. "But it is also clear that this is a short-term government. Tsipras's hands are tied because these people still have a strong presence in his parliamentary group."
The reorganization saw nine total changes, the most notable being the ousting of outspoken Marxist Panagiotis Lafazanis from his post as energy minister. As head of Syriza's Left Platform, Lafazanis had "led the revolt against policies he said were utterly incompatible with the party's ideology," the Guardian reports.
The Greek Parliament must pass additional reforms by Wednesday to ensure the additional bailout.
In an interview with BBC on Saturday, Yanis Varoufakis, one of the dissenting votes who had recently stepped down from his post as Finance Minister, said Tsipras had little option but to acquiesce to the demands of the Troika banks and Eurozone officials.
"We were given a choice between being executed and capitulating," he said. "And he decided that capitulation was the optimal strategy."
Varoufakis also warned that the new reforms would "go down in history as the greatest disaster of macroeconomic management ever."
Lauren McCauley
Lauren McCauley is a former senior editor for Common Dreams covering national and international politics and progressive news. She is now the Editor of Maine Morning Star. Lauren also helped produce a number of documentary films, including the award-winning Soundtrack for a Revolution and The Hollywood Complex, as well as one currently in production about civil rights icon James Meredith. Her writing has been featured on Newsweek, BillMoyers.com, TruthDig, Truthout, In These Times, and Extra! the newsletter of Fairness and Accuracy in Reporting. She currently lives in Kennebunk, Maine with her husband, two children, a dog, and several chickens.
Less than 48 hours after tense negotiations led to the passage of a new harsh austerity package, Greece Prime Minister Alexis Tsipras on Saturday reportedly "reshuffled" his administration, booting members of Syriza's leftist flank who opposed the controversial bailout.
"It marks the beginning of the end of his relationship with the extremist far-left faction," Aristides Hatzis, associate professor of law and economics at Athens University, told the Guardian. "But it is also clear that this is a short-term government. Tsipras's hands are tied because these people still have a strong presence in his parliamentary group."
The reorganization saw nine total changes, the most notable being the ousting of outspoken Marxist Panagiotis Lafazanis from his post as energy minister. As head of Syriza's Left Platform, Lafazanis had "led the revolt against policies he said were utterly incompatible with the party's ideology," the Guardian reports.
The Greek Parliament must pass additional reforms by Wednesday to ensure the additional bailout.
In an interview with BBC on Saturday, Yanis Varoufakis, one of the dissenting votes who had recently stepped down from his post as Finance Minister, said Tsipras had little option but to acquiesce to the demands of the Troika banks and Eurozone officials.
"We were given a choice between being executed and capitulating," he said. "And he decided that capitulation was the optimal strategy."
Varoufakis also warned that the new reforms would "go down in history as the greatest disaster of macroeconomic management ever."
We've had enough. The 1% own and operate the corporate media. They are doing everything they can to defend the status quo, squash dissent and protect the wealthy and the powerful. The Common Dreams media model is different. We cover the news that matters to the 99%. Our mission? To inform. To inspire. To ignite change for the common good. How? Nonprofit. Independent. Reader-supported. Free to read. Free to republish. Free to share. With no advertising. No paywalls. No selling of your data. Thousands of small donations fund our newsroom and allow us to continue publishing. Can you chip in? We can't do it without you. Thank you.