Ambrose Evans-Pritchard — Greek deal poisons Europe as backlash mounts against 'neo-colonial servitude'

Mike Norman Economics 2015-07-13

International inspectors will have the power to veto legislation. The radical-Left Syriza government will be forced to repeal a raft of laws passed since it took power in January, stripping away the last fig leaf of sovereignty. “It is unconditional surrender. We get serious austerity with no debt relief. We will have foreign supervisors crawling over everything,” said Costas Lapavitsas, a Syriza MP and one of 40 or so rebels who plan to abstain or vote against the deal, mostly from the Left Platform. “They are telling us that from now on, they are going to govern the country. I am afraid there is going to be a real fight about this. There is a groundswell of anger and it is now perfectly clear to a lot of people that the only way out of neo-colonial servitude is to break free of monetary union,” he said.
The Telegraph Greek deal poisons Europe as backlash mounts against 'neo-colonial servitude'
Ambrose Evans-Pritchard
Interesting that Ambrose is covering this so intently. I suspect it is sewing the seeds of Brexit. The Brits saw through the euro from the get-go and are now perceiving that the European project is over. There is no going forward. Britain is not about accommodate the migration of European workers resulting from EZ policy. There are no advantages of staying in the EU for Britain in comparison with the disadvantages. Especially with UKIP rising and Nigel Farage one of the few heroes in this dismal saga after his rousing speech castigating Tsipras.