Devastating loss for ruling left-wing Syriza party in European election opens door to New Democracy party. Tsipras’s last-minute handouts may have backfired. Focus turns to the feasibility of Mitsotakis’s plans to lower taxes.
Macedonia’s future remains uncertain after a referendum to rename the country failed. On this episode of The Stream, we speak with Vera Lalchevska (Joint Macedonian NGOs Representative Office to the UN), Panos Polyzoidis (Political Analyst and Journalist), Bojan Marichik (Special Adviser – Foreign Policy to Prime Minister Zoran Zaev).
Nobel laureate economist, Paul Krugman, says nominal debt relief for Greece and an end to austerity policies is essential; but he admits it is practically impossible accurately to predict the risks of a return to a national currency.
Panos Polyzoidis and Michael Jacobides discuss the Greek conundrum ahead of the crucial referendum in July 2015.
The Eurogroup meeting this afternoon will decide whether the eurozone’s patient will remain under mechanical support or be left to his own devices.
Tsipras under pressure to deliver while creditors are banging at the door – adopting a pragmatic approach will not be easy, as he was elected on a strongly anti-austerity agenda.
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