GREECE : ELECTORS AGAIN BACK TSIPRAS ! WHY ?

Before the General Election almost every pundit or commentator expected Tsipras would be confined to history ; but against all the odds, voters again backed him and he continues as their Prime Minister.   Why, what is his secret ?

The simple answer is that Tsipras has been seen by Greek electors as being honest and above board !   This is rare in politics .

He and his Syritza Party were elected in January 2015, after Tsipras  vowed in his Election Promises he would end the "pain of austerity" and that he would demand a large write-off of the 260 Billion Euros debt Greece owed to EUROZONE creditors.   The reduced repayments were to provide the funds for him to reorganise the Greek economy.  

During the following months Greek electors followed his intense haggling in Brussels and the stubborn demands of Merkel and the EUROZONE. They refused a debt write-off but extended the repayment terms and imposed strict conditions for any further Financial loans.

These conditions detailed what was expected to be done to restructure the Greek Economy.  They did not "end the pain of austerity" as promised by Tsipras !

Tsipras consulted Greek voters in July because he had to abandon some of his election promises and obtained a Vote of Confidence from the Greek Parliament in August.  Twice he received  approval.  He then called for a General Election.

Before the Election yesterday, voters knew the alternative would be "no third bail-out", and that Greece would have to leave the EUROZONE and  have to adopt a new Drachma.   They also realised this would be a step in the wrong direction.

With the backing of the EUROZONE Tsipras has now also won the backing of the Greek electors on a new program of action. Electors understand that this is fundamental for the future of Greece. 

With his Coalition he has moved to the Centre of the Greek political scene.  The extreme left wing of the original Syritza Party has split away and formed a new Group.  

Tsipras can now "reorganise" Greece, but his measures will be felt particularly by old right-wing electors who voted for the 260 Billion Euros of aid   (and even more) which was squandered and never used to restructure the Greek  Economy. 

There will be pain but Greece will happily remain as part of the EUROZONE, even on new conditions !   

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