The only hope for the future of Greece lies in rejection of the Troika, a default on Greek terms and leaving the grossly oppressive structures of the euro argues James Meadway
egotiations in Greece hang by a thread. With Greece needing to meet the next tranche of debt repayments by March 20, or else face default, its creditors are jittery. The deal passed by the Greek Parliament on Sunday should pave the way for both €130bn of bailout funding, and a restructuring of Greece’s debt. But additional assurances have been demanded by the EU/ECB/IMF Troika from Greek political parties that, whatever the outcome of April’s elections, they will observe their side of the deal – austerity measures of exceptional severity. With all the backbone and fortitude for which they have become rightly famous, Greece’s politicians of the centre have meekly signed up.