Klaus Regling, the head of the eurozone’s bailout fund and a German,
concerning the most recent EU “debt relief” for Grecce: “It is the
biggest act of solidarity that the world has ever seen” (Reglings motto
seems to be: Von Trump lernen heißt siegen lernen). Sergio Cesaratto
sees this differently.
Sergio Cesaratto is Professor of Growth and Development Economics
and of Monetary and Fiscal Policies in the European Monetary Union,
University of Siena
Cross-posted from
Politica & Economia Blog
Translated and edited by BRAVE NEW EUROPE
But what a shameful little story that I have to tell…
“Athens breathes” was the title of the Italian newspaper “il
manifesto” of 23 June, the agitprop of Tsipras in Italy. Greece “is
beginning to regain control of its own destiny”, writes Roberto
Musacchio (a former radical-left MEP) who proclaims that “we need a
battle for the liberation of Europe”, in line with Alfonso Gianni (a
former radical-left MP), again
in
“il manifesto”, according to whom “the debt issue is not just a Greek
or an Italian one, but concerns the balance and the future of Europe and
must be tackled at that level”. In short, Greece has made it, finally
we are changing Europe. Unfortunately, this is not the case and such
announcements seem to be news similar to Saddam´s journalists who
proclaimed victory while American tanks rolled into Baghdad.