Mike Kay spoke to Stavros and Paulin from OKDE (Organisation of Communist Internationalists of Greece) in Athens.
MK: Greece has been the focus of much of the debate about the problems of the European economy. Why does it occupy this special positon?
OKDE: For several reasons, Greece is the weak link in the chain of the European Union (EU). Firstly, due to the weakness of Greek capital due to the reduction in the productive bases of industry and agriculture. Secondly, because of the weaknesses in the EU as a whole - renegotiation or non-payment of “toxic” debt may lead to the collapse of German and French banks. This maybe enough to set off a “domino effect” leading to the collapse of several countries’ economies. Thirdly, there is the Greek movement against austerity, of which the latest pact from the International Monetary Fund (IMF) and EU is trying to break the backbone. Lastly, there is a very deep political crisis; the disintegration of the Pasok (Socialist party) government may have already begun. Read the rest of this entry »