Greece General Discussion

[RogueBeaver]

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[RogueBeaver]

Goes onto explain that there was nowhere near enough cash in those vaults, and the ECB would've declared Greek Euros counterfeit.

[Landslide Lyndon]

That's old news, more than a week old.

Also, we are talking about two separate plans. The first and more outlandish about the seizing of the National Mint and the arrest of the governor of the Bank of Greece was the Plan B of Left Platform, Tsipras's biggest block of internal opposition in SYRIZA, in case there was no agreement and the ECB stopped providing liquidity to our banks.
It was widely ridiculed by everybody and just goes to show how out of touch all these Marxist fractions in SYRIZA are.

But the other scoop about our government asking Putin for a loan seems to be far more serious.
In that case the plan was that if the negotiations with the troika broke down then Tsipras would use that development as an excuse to declare a return to national currency.
Then he would ask Russia for a 10 billion dollars loan and use that cash as currency reserve to ensure a smooth transition from Euro to drachma. That plan was going forward perfectly until the night of the referendum when Moscow said to Athens that a bilateral loan was out of the question.
That's the reason, supposedly, why Tsipras, despite the resounding victory of No, rushed to make an extremely conciliatory and pro-European statement, because he understood that he was facing the prospect of bankruptcy and Grexit without safety net.
As of now the government has neither confirmed, nor denied that report and to be honest I tend to believe it.

[🦀🎂🦀🎂]

So who are the heavyweights of the Left Platform? The speaker, Zoe Konstantopoulou? Our old friend Yanis?

[Landslide Lyndon]

So who are the heavyweights of the Left Platform? The speaker, Zoe Konstantopoulou? Our old friend Yanis?

Panayiotis Lafazanis, the former Minister of Energy, is the informal leader.
Varoufakis and Konstantopoulou are lone wolfs and act for their own interest.

[RogueBeaver]

Report on Varoufakis' "Plan B", which is just as insane as Left Platform's idea.

[Landslide Lyndon]

Report on Varoufakis' "Plan B", which is just as insane as Left Platform's idea.

Honestly, nobody really knows anymore if Varoufakis is telling the truth, in which case he and the rest of the government ought to to be tried for treason, or if he is just babbling nonsense like the attention whore he is.

[RogueBeaver]

Syriza congress likely in September.

New Yorker Varoufakis profile.

[RogueBeaver]

Tsipras proposing a party referendum.

[RogueBeaver]

Syriza conference in September.

[Simfan34]

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This would have been a coup.

[politicus]

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This would have been a coup.

But not a coup d'état.

[Landslide Lyndon]

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This would have been a coup.

Wait till you find that their plan also included the opening of all safety deposit boxes in all the banks and the confiscating of any money found there.

[RogueBeaver]

Judge orders police cybercrime unit to investigate Plan B.

[Antonio the Sixth]

Cybercrime? Wait, what?

[RogueBeaver]

Athens hopes for a quick debt deal, Germans say be careful.

[RogueBeaver]

Greece reaches an agreement in principle, but no political deal yet. Politico says snap election this autumn.

[RogueBeaver]

Left Platform looks set to formally split. Or as one of their MPs put it, "the Oxi front will soon materialize politically."

[Landslide Lyndon]

Left Platform looks set to formally split. Or as one of their MPs put it, "the Oxi front will soon materialize politically."

That means that if Tsipras calls a snap election this fall then it's almost impossible for SYRIZA to win a majority of seats. The whole point was to do it before the rebels have time to organize a new party.

[RogueBeaver]

Lafazanis and 11 other MPs have called for the founding of a "united front that will justify people's desire for justice and democracy."

[jaichind]

Left Platform looks set to formally split. Or as one of their MPs put it, "the Oxi front will soon materialize politically."

That means that if Tsipras calls a snap election this fall then it's almost impossible for SYRIZA to win a majority of seats. The whole point was to do it before the rebels have time to organize a new party.

Sounds like SRYIZA will then become neo-PASOK.

[🦀🎂🦀🎂]

Have we seen any hypothetical polling of how a Left Platform would destabilise politics?

[Tender Branson]

Greece's economy has surprisingly grown quite strongly in Q2, with a +0.8% growth Q/Q and +1.4% Y/Y.

The Q1 figures were revised up from -0.2% to 0.0% ...

Tourism was a huge boost, because Greece has record tourism right now.

http://www.bbc.com/news/business-33908034

Compared with the first half of 2014, GDP is up by 1% this year so far.

Economists actually predicted a fall of 2% for this year ...

[Landslide Lyndon]

Have we seen any hypothetical polling of how a Left Platform would destabilise politics?

There is no polling in August because everyone is on vacation. But I wouldn't be surprised if a pro-drachma party based on Left Plaform captured an 8-9% of the vote.

[RogueBeaver]

Bailout passed but Tsipras slipped under the number required for a minority government, so he'll seek a confidence vote next Thursday.