21 September 2015

Elections is Weird

Somehow, after completely failing to deliver on its promises, and folding like a bunch of overcooked broccoli, Syriza still managed to emerge from the latest Greek elections the conclusive winner:
Alexis Tsipras will be sworn in as Greece’s prime minister later on Monday and his new government formally announced on Tuesday, Greek media said, after the leftist Syriza leader romped to an unexpectedly convincing election victory.

The result on Sunday was a personal triumph for the 41-year-old, who gambled on the snap poll last month to see off a revolt by party radicals over his U-turn on accepting more tough austerity measures in exchange for Greece’s third international bailout.

The premier-elect will now make renegotiating the terms of Greece’s debt mountain a top priority. He will attempt to build a broad consensus among the parties he defeated so as to strengthen his hand in talks with the country’s eurozone creditors, a senior Syriza source told Reuters.


Following a campaign that for weeks looked too close to call, Syriza won 35.5% of the vote – a fraction less than its previous total – against 28.1% for the centre-right opposition, New Democracy, giving the leftist party 145 seats in the 300-seat parliament.


Tsipras said he would renew his coalition with the small nationalist Independent Greeks party to give him the 151-seat majority he needs in parliament. The new government’s programme will be dictated by the punishing terms of Greece’s latest €86bn rescue package, which demands a radical overhaul of the country’s ailing economy and far-reaching changes to tax, welfare and pension systems. The cash-for-reforms deal is subject to quarterly reviews, with the first due next month.
I am thoroughly flummoxed by these results.

My guess as to the meaning of all this is that, "The whippings will continue until morale improves."


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