Ernst Wolff – Tsipras and Varoufakis Approve of Home Evictions and Expropriation of Depositors

After being elected in January, Prime Minister Tsipras and his Finance Minister Varoufakis negotiated with the EU commission, the ECB and the IMF for almost five months. While fulfilling almost all of their financial demands, Syriza’s leaders openly criticized the “institutions” for their tough bargaining and resisted some of their harshest measures.

At the beginning of July, the Troika tightened its grip on Greece. Tsipras and Varoufakis in return called for a referendum in which the people of Greece took a very clear stance and said “no” to the continuation of austerity politics.

Rather than fulfill this mandate, Tsipras responded with a 180-degree turnaround. He dismissed his finance minister, went to Brussels and accepted the most far-reaching austerity measures ever imposed on his country.

Read More