Democracy wins!
The childish Greeks who are cheering "victory for democracy" in Athen's Syntagma square tonight don't yet realize that Greece has lost ... or is lost. Greece came into the Eurogroup in 2001 in a weakened state and has been on the receiving end ever since. Yet they are portraying themselves as victims of a system that they forced their way into, thinking only of the benefits to be gained at the outset. When the time inevitably comes to stand up as a responsible partner, Greeks are not up to that and they turn to the communist promises every time. I am very happy, though, about the "No" vote. It's a prayer answered.
The news is still breaking but following are some of the first comments made by responsible Eurozone members and EU national leaders:
German Vice-Chancellor Sigmar Gabriel, leader of Merkel's centre-left Social Democratic junior coalition partner, said it was hard to conceive of fresh negotiations on lending more billions to Athens after Greeks voted against more austerity.
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