Syriza Has No Choice: Greece Must Prepare to Leave the Eurozone

WORDVIRUS

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To break from the program of brutal austerity that has been imposed on Greece, its leaders have no choice but to take radical action.

BY ALEXANDROS ORPHANIDES

While leaving the currency will most certainly be economically, politically and socially traumatic, the last five months of cyclical negotiations have proven to be ineffective in accomplishing the kind of change Syriza promised during its campaign. And the last five years have been disastrous for the people of Greece.

When Syriza won Greece’s parliamentary elections in January of 2015, much ado was made in the international press about the rise of a new radical Left in Greece—a development that had punctured Greece’s longstanding two-party stalemate and opened up the possibility of rolling back the brutal austerity measures imposed upon it by “the troika,” the European Commission, the International Monetary Fund and the European Central Bank. The upstart Leftists, born of anti-austerity social movements…

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