Syriza party pursuing best solution for Greece: Expert
Press TV has interviewed Dean Henderson, an author and economic expert from Memphis, and Sean O’Grady, a finance editor with The Independent from London, to discuss the result of general elections in Greece.
Henderson states Alexis Tsipras, Greek Prime Minister, has made a good decision to resign and hold the snap parliamentary elections in a bid to get rid of pressures from international creditors.
He maintains the Syriza party pursues the best solution for the economic situation in the debt-ridden Greece, adding that the Greek government will be able to help its own people, because the state intervention can resolve the ongoing unemployment crisis, while the international bankers want more austerities and job cuts.
The economic expert also notes the changing trend is spreading throughout the world by Bernie Sanders, Democratic presidential candidate in the US and Jeremy Corbyn, new leader of the Labour Party in the UK, because the world has reached to the climax of monopoly, which is pursued by the capitalism.
O’Grady, for his part, thinks it seems the new government of Syriza party will implement the previous policies of bailout plan and economic reforms in Greece; therefore, nothing has changed in the EU member and the period of holding general elections looks “a waste of time” for the Greek people.
The problem of Greece seems to be the giant amount of money that has been borrowed by the Greek nation and a lot of the loans has been spent on public consumption, he believes, noting that the money has not helped the nation to boost the capacity of the Greek economy; thus, their economic system has remained “relatively uncompetitive” in Europe.
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