A long German political winter is on the way

Germany enters into a long period of political uncertainty. The ‘Grand Coalition’ of the conservatives (Christian Democratic Union/Christian Social Union) and the Social Democrats of SPD, which can offer a stable government, may take months to form. Then, even after fashioned, it will not function without friction, as  used to be the standard for Germany. […]

Germany not famous for easy way outs from political stalemates

And now ‘Frau Bundeskanzlerin’ what? The truth is though whatever the future holds for the German political landscape, is no good. Chancellor Angela Merkel’s failure last weekend to form a government, with a viable parliamentary majority has irreparably stained the so far pristine scenery of the country’s politico-economic affairs. The unsuccessful attempts to convince liberal […]

Why the Greeks forgave Tsipras’ pirouettes around austerity and voted again for SYRIZA

Last Sunday the Greek voters, at least those who went to the polls, gave to Prime Minister Alexis Tsipras not only a second chance to continue in the premiership, but voted also for Panos Kamenos a nationalist right winger, the junior partner of the governing SYRIZA-ANEL coalition. And this as if nothing had happened in […]

The new general election will secure Greece’s position in Eurozone; at least for some time

The very next day that the Greek government signed a three year Memorandum of Understanding (MoU) for a new stability support program of €86 billion with the European Commission, Prime Minister Alexis Tsipras triggered an early legislative election. To do this he had to resign and according to the constitution, the President of the Republic […]

Tsipras imposes more austerity on insolvent Greece; plans to win new early election soon

On 9 July this newspaper predicted that the Greek Prime Minister Alexis Tsipras was adamant about keeping his country in the Eurozone. In order to do this the Sting foresaw that he was prepared not only to pay a dear price for a third bailout scheme (April 2010, June 2012 and July 2015) financed by […]