Why Is a Hated Man Speaking for Greece?
Comment of the Day

April 28 2015

Commentary by David Fuller

Why Is a Hated Man Speaking for Greece?

Here is the opening from this informative article from Bloomberg:

David Fuller's view

I believe Varoufakis has been at least temporarily removed from the negotiations.  However, these bitter negotiations will not be forgotten easily by Greece, or more importantly, its EU partners.

Meanwhile, we know that Greeks want to stay in the Euro, sensing that they will be worse off on their own.  Considering their political leadership and its victim mentality they may be right. 

We know that most of the EU’s officials want Greece to remain in the Eurozone, although probably not due to any strong feelings of solidarity with this struggling country.  Instead, EU officials remain idealists who fear the precedent of possible ‘Grexit’ in terms of the single currency’s appeal to both current and prospective member states.  They also fear closer ties between Greece and Putin’s Russia, and for good reason.  

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