This is what the Establishment are mostly afraid of, i.e an inspiration to revolt.
With the success of the Greeks in sending a strong message of non-compliance, the Bankers may soon realize that twilight is in the horizon.
‘Monstrous democratic slap to EU’: Le Pen hails Greek anti-austerity party victory
The victory of Greece’s anti-austerity Syriza party is a monstrous democratic slap to the European Union, believes Marine Le Pen, leader of France’s far-right National Front party, adding that for her this success means “the trial of the euro-austerity.”
READ MORE: ‘5yrs of humiliation, suffering over’: Anti-austerity party to form govt in Greece
“I welcome the monstrous Democratic slap the Greek people has given to the European Union,” Le Pen told France’s RTL radio.
According to Le Pen, Syriza’s triumph is “the first result of the unprecedented suffering undergone by the Greek people under the influence of the EU in recent years.”
The Greek election debate is one of freedom, she believes.
“Do we want to be free? With the European Union, we are not… Neither our immigration policy, nor our monetary policy or agriculture.”
Sunday’s elections in Greece are “opening the trial of the ‘euro-austerity’,” according to Le Pen.
“When we try to avoid democracy, the boomerang always returns with increased speed.”
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‘If they can do it in Greece, we can do it here!’ British left stage Greek embassy demo
Published time: January 26, 2015 17:18
Reuters / Alkis Konstantinidis
Following Syriza’s Greek election triumph, left-wing campaigners from Britain’s Trade Unionist and Socialist Coalition (TUSC) are set to hold a celebration and solidarity demonstration at the Greek embassy in London.
They will assemble at the embassy on Monday night to both celebrate Syriza’s victory and advocate anti-austerity measures in the UK.
“If they can vote against austerity there, we must provide an anti-austerity choice here,” the group has said.
The demonstration, however, comes as international investment firms express concern at the economic repercussions of Syriza’s accent.
TUSC aims to field 1,000 candidates in local elections and stand a further 100 for seats in Westminster in the 2015 general election. It claims that its election challenge will represent the biggest socialist challenge in Britain since 1945.
TUSC features a number of former Labour Party councilors who were suspended for their opposition to austerity measures, which are broadly accepted by the Labour leadership as necessary.
Dave Nellist, former socialist Labour MP for Coventry South East from 1983 to 1992, was expelled from Labour at a time when the party’s stance was shifting to the right.
READ MORE: ‘Monstrous democratic slap to EU’: Le Pen hails Greek anti-austerity party victory
Nellist, who is set to attend the demonstration, said events in Greece should inspire similar movements across Europe.
“The win for the anti-austerity party Syriza in today’s Greek elections will reverberate around Europe,” he said.
“Millions of workers in other countries also suffering cuts in living standards and rising unemployment – whilst facing a rich elite which has successfully protected itself from recession – will ask ‘if they can do it in Greece, why can’t we do it here?’” Nellist added.
He said the public should be inspired by the actions of the Greeks during the next election.
“On May 7 we intend to stand over 100 parliamentary candidates and 1000 council candidates all challenging in the same way as Greek workers have done the idea from all the big parties promoting austerity that ‘there is no alternative.’”
“There is: Greece has proved it today, and where Greece has led others will follow.”
Their optimism, however, is tempered by warnings issued to investors earlier on Monday by one of the world’s largest independent financial advisory organizations.
READ MORE: Syriza triumphs: Cameron defends austerity, British left say ‘hope has won’
The DeVere group warned the election could prompt “Greek-led volatility” for six months.
Tom Elliott, an international investment strategist at the group, said volatility would be expected until the “Syriza-led government was better understood.”
He predicts a weakening euro and expects investors to move to economic “safe havens.” He also envisioned the growth of “populist” parties in Europe.
Elliott likened new Greek Prime Minister Alexis Tspiras to Lula da Silva, the left-wing Brazilian President who is credited with modernizing the country.
He says it is equally likely, however, that the election initiates “some sort of socialist revolution.”
“It is early days and the story is just beginning. However, history teaches us that what is happening in Greece politically will have far-reaching effects on the capital markets and will impact investor returns,” he said.
Tspiras was sworn in as prime minister on Monday, attracting mass global attention after the historic election.
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