Greece’s extreme parties are gaining support

This comes via the BBC:

What is clear, once you get away from the incessant shouting on Greek TV, and the flash-bang battles between the anarchists and the police, is that this rapid breakdown of certainty is having a big, but immeasurable, effect on people’s political expectations.

The polls tell one part of the story. The Pasok party, which tried and failed to implement the first austerity bill until replaced by a technocratic coalition in October, is now down to 11%. (Epikaria poll, 16 February 2012)

New Democracy, the centre-right party that expected to form the government – it has been a two- horse race since the restoration of democracy in the 1980s – is also in trouble. Its own vote – 27.5% – is not enough to form a government. And 20 MPs just got expelled for opposing the bailout.

The Christian Orthodox hard-right party, LAOS, has also split, after leaving the coalition government during the austerity vote last Sunday. I heard two perfectly ordinary guys, sitting next to me in a cafe, comment: "I don’t care if the splitters from LAOS were once fascists. They are right."

The far left is now polling a combined 43.5%. The extreme-right party Golden Dawn is on 2.5%. And there’s an air of mania.

My takeaway here is that people are desperate and they are willing to support any party that has a solution to their economic plight, irrespective of whether that party is considered extreme.

Read the full account below.

Source: Struggling Greeks losing belief in the state

  1. Evangelos says

    No political party has any plan,let alone a realistic plan.
    People will not really vote the far left,they mostly like a mild-tempered guy (Fotis Kouvelis) who is positioned somewhere between left and centre but that might be a love at first sight which will fade away in some time.
    Then there is the far right party (Chrisi Avgi) which can barely enter the parliament.
    Greeks has suffered a lot in the past from the far left/right parties (even civil war) so they are not ready yet to go that way.

  2. David Lazarus says

    The problem is that the current main Greek parties are tainted by the EU pledge to screw over the greeks no matter what. That really only leaves the option of extremist parties. So either the extremists gain power or there are new yet to be formed parties that will take over. New Democracy will be tainted by the Troika pledge. So their popularity is yet to plunge. It might get so bad that turnout will be so low that extremists gain power. Greece is being used as an experiment to see if austerity works, even though all the evidence is contrary to what the Troika state. In fact they are not even saying that their policies will work now. They are now coming out with excuses as to why it will fail.

    Anyone with any knowledge of history could have foreseen this months ago. All that has been achieved by this massive extend and pretend is to allow some to exit the potential losses scot free, and to destroy Greek society as a consequence.

  3. David Lazarus says

    If Greece were to default then this could be of interest to them. It is the increase of Iceland’s credit rating to investment grade.

  4. PORTA PORTA says
  5. PORTA PORTA says

    Here you can find the Official Drafts of the new Loan Facility for Greece.


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