E's avatarGreek Left Review

Europe can survive this austerity-induced crisis, but only if it is reshaped for and by the people Alexis Tsipras

Protesters in Athens
Protesters in Athens await the arrival of German chancellor Angela Merkel. Photograph: Louisa Gouliamaki/AFP/Getty Images

As Angela Merkel visits Athens on Tuesday, she will find a Greece in its fifth consecutive year of recession. In 2008 and 2009, the recession was a spillover from the global financial crisis. Since then it has been caused and deepened by the austerity policies imposed on Greece by the troika – of the International Monetary Fund, the European Union, the European Central Bank – and the Greek government.

These policies are devastating the Greek people, especially workers, pensioners, small businessmen and women, and of course young people. The Greek economy has contracted by more than 22%, workers and pensioners have lost 32% of their income, and…

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About agogo22

Director of Manchester School of Samba at http://www.sambaman.org.uk
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