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Wednesday, June 29, 2011

Greece passes key austerity vote - Gavin Hewitt

http://www.bbc.co.uk/news/world-europe-13960947

We're a long way from the bombings of the 60s and 70s. But this is a Socialist government, meaning that to meet the demands of the protesters and rioters, a new option even farther to the left could emerge in Greek politics. This was never a stable country to begin with, and radicalism begets radicalism, meaning that Communist parties tend to spawn Nationalist parties. I am hoping that Greece's retreat from the eurozone and a return to its own worthless currency is where the chaos ends.

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