Alexis Tsipras and Syriza consolidate power in Greece without the anti-austerity rebels

At this hour with 75% of the vote counted, Alexis Tsipras and Syriza are set to return to power and head the Greek government for the next four years with 145 seats and a coalition with the Independent Greeks as before, but without the Syriza rebels who left to form Popular Unity. The latter isn't polling even 3% and will not win one seat, meaning there is no viable party representing anti-austerity or a return to the drachma. Turn out at 56% hasn't been this low since 1946 when only 53% turned out when leftists boycotted the election.

With nine days to go before Greek elections, Syriza recaptures the lead in the latest ProRata poll

The latest Greek election poll result appears here today, showing left wing Syriza back on top with 28.5% of the vote and center right New Democracy roaring back strongly in second with 23.5% as more undecided voters in the last two weeks have made up their minds. Syriza had been taking a beating in various polls over the fortnight.

Nationalist Golden Dawn remains in third with 6.5%, unchanged from the end of August. The communist KKE and socialist PASOK are duking it out for fourth place with 4.5% of the vote each, while the Syriza rebels who formed Popular Unity have lost support and fallen below the 3% threshold necessary to get representation in the parliament. Two weeks ago Popular Unity had been polling at 3.5% but evidently as time has passed voters have realized these former compatriots of Alexis Tsipras really do mean to dump the Euro and go back to the Drachma, and want none of it. 

Greeks overwhelmingly continue to favor remaining in the Euro, but really like Tsipras over Meimarakis of New Democracy 37% to 25%.

The election is a week from Sunday.

Syriza youth wing declines to support Alexis Tsipras and Syriza in upcoming election

That could well signal it's already curtains for Syriza with less than three weeks to go to new elections.

From the story here at the Greek Reporter:

"On Monday, his speech writer Theodoros Kollias resigned stating that SYRIZA has lost its founding ideals. On Tuesday, the SYRIZA Youth issued a statement saying they withdraw their support to the party in the upcoming elections. Also, the same day, another part of the SYRIZA coalition, the Communist Drift, left the party and will join new SYRIZA offshoot Popular Unity. ...

"In social networks the party and its leader are ridiculed for the 180-degree turn from militant leftists to a more conservative, pro-euro political entity. The 20-24 percent the party gets in opinion polls is nothing compared to the 45-plus percentages they were getting just three months ago."

The biggest bloc of voters is undecided in the upcoming September Greek election according to a new poll

Reuters reports here:

Syriza was supported by 23 percent of those polled, with the conservative New Democracy party second on 19.5 percent, according to the survey, carried out by pollsters ProRata and published in Friday's Efimerida Ton Syntakton newspaper. ... Popular Unity, the party formed last week by Syriza rebels who oppose the bailout, was backed by 3.5 percent in Friday's poll - just above the 3 percent threshold needed to enter parliament. But the Independent Greeks, the ally in Tsipras' former coalition government, scored just 2 percent, meaning Syriza would be forced to seek another coalition partner. ... It also showed 25.5 percent of voters were still undecided, making them the biggest bloc.

What nobody talks about in these reports, of course, is that the party polling third is Golden Dawn, well ahead of Syriza breakaway party Popular Unity as well as the communist KKE. Golden Dawn has increased its support from earlier in the year no doubt because Greece is being overrun by refugees from around the Mediterranean and the incompetent left running the show is failing to solve the problem. Golden Dawn is said to draw its support at elections from members of the police and the military.

In Greece the popular PM Alexis Tsipras resigned last week in order to consolidate his power

Alexis Tsipras, Greece's hope peddler

Most reports put the resignation of Alexis Tsipras last week down to an act of desperation due to a loss of support in his own coalition in Syriza. 25 MPs have split off to form Popular Unity, basically composed of Syriza's old Left Platform. This party intends to stay true to the Syriza platform of an end to austerity, evidently adding in Grexit and a return to the drachma as planks.

How wonderfully conservative of the lefties. The Greek left has moved so far to the left it's become the bourgeois nationalist right.

True as all this is, Tsipras' resignation was actually an exertion of his power in the current circumstances and a demonstration of his political acumen.

By resigning now instead of sometime later, Tsipras is able to do two important things. One, he can select the candidates himself according to the rules who will replace the defectors, for whom he will use his popularity to smooth their way to election, presumably on 20 September. But he also catches the opposition flat-footed thereby, giving them no time to prepare to stop him. If Tsipras is successful in this gambit, he will be able to form a less leftist government committed to the Euro but also committed to breaking the privileges of the Greek oligarchy, approximating a key leftist political aim of more social equality.

Tsipras is proving himself to be quite adept at discerning politics as the art of the possible, for which he is already much hated by the overly principled figures populating his own and the other political parties, even as the Greek people keep supporting him.

For all the mistakes he has made this year, Alexis Tsipras has proven himself remarkably capable for such a young man.

Greece could do a lot worse, and it has.

Greek PM Alexis Tsipras has resigned today

Blow by blow coverage is provided in the UK by the Telegraph here and the Guardian here.

The next two largest political parties have a chance to try to form a government, but it is thought likely that they'll be unsuccessful and that snap elections will occur in a month.

Tsipras remains very popular, but will have to shed Syriza's Left Platform rebels to consolidate power in the new election with new blood, if he can get that far.

Greeks pass third draconian austerity/bailout package 222 to 64 with 11 abstentions

Looks like Alexis Tsipras' Syriza MPs defected in a big way: 32 No votes this time with 11 abstentions and 1 absent. This could prove fatal to Tsipras' continuance as Prime Minister. The Syriza coalition of the Left with 149 members partners with Independents with 12 in the 300 seat parliament. Tsipras' core support in parliament appears to have fallen to 39%.

The "erratic Marxist" Yanis Varoufakis voted No, after voting Yes and No previously, and reportedly offered to resign his seat so that Tsipras may appoint a reliable vote to replace him. 

The Guardian has full coverage here.

Greek PM Alexis Tsipras proves once again he's a stand up guy, says he directed Yanis Varoufakis to develop Plan B

The Telegraph reports here:

'This morning, Alexis Tsipras has come out in defence of Yanis Varoufakis. The PM has spoken about the plans the former finance minster was in charge of, to look into developing a parallel payments system, in public for the first time. He has confirmed he had full knowledge of the blueprint, and ordered Mr Varoufakis to take charge. But he denies that they amounted to a full blown "Grexit" plan.'

Yanis Varoufakis, the former Finance Minister, previously in parliament had stood up for Tsipras by reluctantly and surprisingly voting Yes to proceed with the EuroGroup Summit plan Tsipras had agreed to in Brussels.

Perhaps now parliament will abandon, as it should, any effort to prosecute Varoufakis who like every other member enjoys immunity.

Someone gets to Ambrose Evans-Pritchard: On the weekend Schauble was a devil, but now he's a misunderstood genius!

Ambrose Evans-Pritchard erupted on Twitter on the weekend when Schauble leaked the Grexit memo in Brussels:

Now Schauble is a misunderstood genius who had it right all along:

'Wolfgang Schauble is one of the very few figures who has behaved honourably in this latest chapter. ... [H]e is entirely right to argue that a velvet divorce and an orderly exit from the euro for five years would be a “better way” for Greece, as he did on Germany radio this morning. ... Mr Schauble has been pushing for Grexit since 2012, and probably earlier. He genuinely thinks it would better for all concerned. When he floated his plan, he meant it. ... Even if [Merkel] was irritated by the Schauble paper – and her skirmishes with the irascible finance minister are legendary – she appears to have latched on to it as a useful negotiating ploy. The trick worked. It terrified Mr Tsipras into submission. ... Mr Schauble’s original and honourable intentions have been entirely misunderstood. The world’s verdict is that Germany's benign and enlightened statecraft in Europe over the past 60 years has given way to Bild Zeitung reflexes, the hegemony of crude populism. One can only feel sympathy for German diplomats who must clean up the mess and explain how this tangle of conflicting agendas spun escaped control.'

Greeks accept EuroGroup humiliation in overwhelming vote of degradation

If the Left can't bring itself to revolt against the Fascist hegemony, there is no question that the Right can, either.

Just six had the temerity to vote "Present" while one did not vote.

The Prime Minister, Tsipras? 

IMF signals that it cannot now participate in the third bailout of Greece

Here, which The Guardian considers a "cannonball" shot into the bailout:

Greece’s debt can now only be made sustainable through debt relief measures that go far beyond what Europe has been willing to consider so far. ... Greece cannot return to markets anytime soon at interest rates that it can afford from a medium-term perspective. ... Greece is expected to maintain primary surpluses for the next several decades of 3.5 percent of GDP. Few countries have managed to do so. ... Greece is still assumed to go from the lowest to among the highest productivity growth and labor force participation rates in the euro area, which will require very ambitious and steadfast reforms. ... [G]overnance issues ... are at the root of the problems of the Greek banking system. There are at this stage no concrete plans in this regard. ... The dramatic deterioration in debt sustainability points to the need for debt relief on a scale that would need to go well beyond what has been under consideration to date—and what has been proposed by the ESM. There are several options ... maturity extension ... of, say, 30 years on the entire stock of European debt, including new assistance. ... Other options include explicit annual transfers to the Greek budget or deep upfront haircuts. The choice between the various options is for Greece and its European partners to decide [i.e. not the IMF].

Whatever you may think of Alexis Tsipras, tonight's interview showed him a true leader of Greece and an adept politician

The Grauniad is predictably impressed, here, but for many good reasons:

"Even if you think Alexis Tsipras has misplayed the crisis, it’s hard not to be impressed by his composure in tonight’s interview."

Tsipras, from the summary, pledges to go down with the ship, if necessary, and Tsipras admits Greece may well do so:

“The worst thing a captain could do while he is steering a ship during a storm, as difficult as it is, would be to abandon the helm.”

According to the polling data the people still love him, no doubt not in the least because he is made of the stuff which refuses to blame others, including Varoufakis.

Greece left in a permanent debt trap under neo-colonial rule after historic weekend showdown in Brussels

Ambrose Evans-Pritchard, here:

The crushed Syriza leader [Alexis Tsipras] must sell a settlement that leaves Greece in a permanent debt trap, under neo-colonial control, and so economically fragile that it is almost guaranteed to crash into a fresh crisis in the next global downturn or European recession.

In 1967 the Greek coup d'etat was by the tanks, in 2015 by the banks

Yanis Varoufakis, audio here, says Tsipras felt defeated by the "No" in the referendum:

"In the [1967] coup d’état the choice of weapon used in order to bring down democracy then was the tanks. Well, this time it was the banks." (at 10:55 into the interview)

Alexis Tsipras sought out the help of Yanis Varoufakis starting in 2010, but never fully agreed with him

Varoufakis' plan, as outlined here in an interview in The New Statesman, was never embraced by Syriza as it needed to be to have even a chance of succeeding:

[Yanis Varoufakis] said he spent the past month warning the Greek cabinet that the ECB would close Greece’s banks to force a deal. When they did, he was prepared to do three things: issue euro-denominated IOUs; apply a “haircut” to the bonds Gree[ce] issued to the ECB in 2012, reducing Greece’s debt; and seize control of the Bank of Greece from the ECB. ... As the crowds were celebrating on Sunday night in Syntagma Square, Syriza’s six-strong inner cabinet held a critical vote. By four votes to two, Varoufakis failed to win support for his plan, and couldn’t convince Tsipras. He had wanted to enact his “triptych” of measures earlier in the week, when the ECB first forced Greek banks to shut. Sunday night was his final attempt. When he lost his departure was inevitable.

So what Bernard-Henri Levy and the EU really want is to tax the bejeebers out of Greek capital and the Greek church

BHL with celebrated child rapist

Venting his deconstructionist spleen, here:

Mr. Tsipras might defend his approach to the referendum by asserting that his goal was not so much to sound out the people as to reinforce his position in the confrontation with Greece’s creditors. But what is the justification for that confrontation? That creditors had the audacity to demand progress toward the rule of law and social justice, as well as efforts to tame Greece’s shipping magnates and its tax-avoiding clergy?

Evidently plank eight of Syriza's 40-point program is just window-dressing to BHL and isn't evidence that the goals of the EU and of Syriza in this regard are quite the same:

"8. Abolition of financial privileges for the Church and shipbuilding industry."

The French Jew and self-identified leftist and critic of the left has a passel of divergent opinions and loyalties, including to Roman Polanski, Dominique Strauss-Kahn and Nicolas Sarkozy, but Tsipras' real offense to Levy is that, so far, he has been insufficiently anti-Christian.

Germany blinks: Greeks win time, funding and an end to previous austerity agreements

Reported here:

Mr Tsipras added the extension would finally put an end to the "asphyxiation" Greece has suffered since 2012.

"Yesterday's agreement with the Eurogroup cancels the commitments of the previous government for cuts to wages and pensions, for firings in the public sector, for VAT rises on food, medicine," added the prime minister.

"We averted plans by blind conservative powers, within and outside the country, to asphyxiate Greece on February 28," he said.

Boris Johnson, The Only Man Talking Sense In Britain

Hell, he's the only man talking sense in Europe, except for that hippie in Sweden, Anders Borg. Alexis Tsipras, call your office.

From the Mayor of London's column in the UK Telegraph, here:

[T]he euro ... has been a catastrophe for Greece and pretty bad (with one notable exception) for the rest of the continent. ...

We are told that the only solution now is a Fiscal Union (or FU)[!]. We must have “more Europe”, say our leaders, not less Europe – even though more Europe means more suffering, and a refusal to recognise what has gone wrong in Greece.

The euro has turned out to be a doomsday machine, a destroyer of jobs, a killer of growth, because it entrenches and exacerbates the fundamental and historic inability of some countries to compete with Germany in making high-quality goods with low-unit labour costs. Unable to devalue their way back into the game, these countries are forced to watch industry wilt under German imports, as the euro serves as a giant trebuchet to fire swish German saloon cars and machine tools across the rest of Europe. ...

Europe now has the lowest growth of any region in the world. We have already wasted years in trying to control this sickness in the euro, and we are saving the cancer and killing the patient. We have blighted countless lives and lost countless jobs by kidding ourselves that the answer to the crisis might be “more Europe”. And all for what? To salvage the prestige of the European Project, and to spare the egos of those who were wrong and muddle-headed enough to campaign for the euro.