Merry Felonies: Greeks vote NO! EU says F-YOU!

Merry Felonies: Greeks vote “Oxi” or no against IMF Bailouts

Greece’s OXI (no) vote

Context

Another Europe Was Not Possible by Boris Kanzleiter

“When the first referendum results started trickling in on the evening of 5 July 2015, the many thousands of citizens gathered in front of parliament for a spontaneous rally on Syntagma Square in Athens cheered, united by the feeling that they were making history. When the final result flickered across the screens around midnight, many could not believe their eyes: 61.31 percent had voted “Oxi” (no). The overwhelming majority of Greeks had defied the threats from Brussels and the mass media’s fearmongering. Instead, voters backed the left-wing Syriza government under the leadership of charismatic Prime Minister Alexis Tsipras, only elected in January of that year.

The Oxi vote made it clear that the vast majority of people, far and above the left-wing camp, wanted an end to spending cuts and privatizations. It also showed that Syriza represented more than just its voters — it had the support of the overwhelming majority of Greek society. Indeed, the referendum marked a historic turning point, even if it ended very differently than the cheering crowds on Syntagma Square had hoped. The no vote was a powerful signal of resistance against the so-called Troika consisting of the European Commission, International Monetary Fund (IMF), and European Central Bank (ECB), which had been imposing round after round of social spending cuts and privatizations on Greece for years.

Nevertheless, the jubilation was short-lived. Despite the vote, the Troika enforced its dictates just a few days later. The no vote thus marked the climax, but also the endpoint of a years-long protest wave, the significance of which extended far beyond Greece. Just as the protests had served as an important impetus for the international Left, the Troika now laid the groundwork for the implementation of a neo-liberal restructuring that in turn paved the way for today’s right-wing surge across Europe.” [read more…]

Learn more:

Yanis Varoufakis on the Legacy of Greece’s Oxi Referendum
2015 Greek bailout referendum
The Troika’s Policy in Greece: Rob the Greek people and give the money to private banks, the ECB, the IMF and the dominant States of the Eurozone
Greek government debt crisis
Greek austerity packages
Austerity Kills – Still: The Lingering Effects of Austerity Measures on Greece’s Healthcare System
Trauma lingers in Greece, 10 years after austerity referendum

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