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It's good that the deal is not as bad from Varoufakis's viewpoint than made out in the media. However, what is the Eurogroup's and specifically Schäuble's goal? Schäuble really showed his teeth in the last three days, not just by leaving the cover of the Eurogroup with his blackmail strategy but also with some quite arrogant and undiplomatic talk about Greece to the media, here is one:

Greece deal is first step on the road back to austerity | Business | The Guardian

That much was clear from the statements coming out of Brussels, not least those from Wolfgang Schäuble, Germany's veteran finance minister, who indulged himself with some patronising comments to show where the power lies. "Being in government is a date with reality, and reality is often not as nice as a dream," was the quip he delivered with a smile, one that is usually omitted from diplomacy school.

Schäuble, a man who earlier earned by-names like "consigliere" (for his work in support of then chancellor Kohl), "Stasi 2.0" (as interior minister in Merkel's first Grand Coalition government) and "intellectual arsonist" (for his quips fuelling xenophobia) is not speaking out of emotion, this is coldly calculated provocation. The following from Süddeutsche (which, despite being SPD-aligned, outright cheerleads Schäuble) might explain it:

Würde Tsipras einer Verlängerung des bisherigen Programms zustimmen, deren fester Bestandteil die Troika ist, hätte er keine Handhabe mehr, Gespräche mit der Troika zu verweigern. Er hätte sein Wahlversprechen gebrochen. Die Bürger, die ihn derzeit im Umfragen mit 70 Prozent unterstützen, würden sich abwenden. Womöglich käme es zu Neuwahlen, die neue Regierung wäre schnell wieder weg. Vertraute, konservative Politiker bekämen eine neue Chance.Would Tsipras approve an extension of the current programme, of which the Troika is an integral part, he would have no excuse to refuse talks with the Troika. He would have broken his campaign promises. The citizens who currently give him 70 percent support in the polls would turn away. Perhaps there would be snap elections, the new government would be quickly gone again. Familiar, conservative politicians would get a new chance.
Womöglich kalkulieren einige Hardliner mit diesem Szenario. [...]Perhaps some hardliners calculate with this scenario. [...]

So there is an idea in the room (caught by the journalists) that toppling Syriza would get ND back in government. (And whoever has this idea considered neither a Golden Dawn victory nor a successful Syriza swing towards Grexit.) This would explain why some play for maximum pain against Varoufakis.

*Lunatic*, n.
One whose delusions are out of fashion.

by DoDo on Sun Feb 22nd, 2015 at 04:40:13 AM EST
And whoever has this idea considered neither a Golden Dawn victory nor a successful Syriza swing towards Grexit.

If that's it, they're pretty crazy. Before the Greek electorate turns away from the far-left and jumps into the arms of the old establishment, they will jump into the arms of the far-right. Maybe not Golden Dawn (but then again, maybe them!), but perhaps some other less insane but still far-right party.

And I think Syriza knows this too, and certainly prefers Grexit to such an outcome.

Peak oil is not an energy crisis. It is a liquid fuel crisis.

by Starvid on Sun Feb 22nd, 2015 at 04:50:49 AM EST
[ Parent ]
The Eurogeroup has no particular dislike for far right groups. Remember Laos?
by generic on Sun Feb 22nd, 2015 at 05:06:46 AM EST
[ Parent ]
Süddeutsche (which, despite being SPD-aligned, outright cheerleads Schäuble)
That's not a contradiction. Did you see how quickly Sigman Gabriel fell back in line Thursday?

A society committed to the notion that government is always bad will have bad government. And it doesn't have to be that way. — Paul Krugman
by Carrie (migeru at eurotrib dot com) on Sun Feb 22nd, 2015 at 05:28:36 AM EST
[ Parent ]
I'm sure DoDo has a clearer view, but my impression is that after the Left split off and the Hessian disaster the left wing of the SPD is basically dead. And the momentum of the Left broke a long time ago.
by generic on Sun Feb 22nd, 2015 at 05:47:17 AM EST
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I think it's worse than following the (virtually non-existent) party line. The linked piece is an op-ed by the leader of Süddeutsche's economy department, who earlier had the same post at Handelsblatt, and before/parallel to that an author advocating "reform" (for example, he wrote a book titled The Pillage of the Middle Class which attempts to blame this consequence of the class war from above on the 'oversized' state and social supports): a typical neo-liberal revolutionary, not an SPD party soldier (in fact an opponent of the SPD's minimum wage). It's a testament of intellectual and ideological hollowness that Süddeutsche picked him.

*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Sun Feb 22nd, 2015 at 07:36:29 AM EST
[ Parent ]
Yes, that as usual the wrong interpreation. The political department of Süddeutsche my be red-green( much more green though). But the economics dapertment area bunch of die ahrd neoliberals, especially the two people writing the articles. So süddeutsche being unhappy with Greece is as sun rising in the east.
by IM on Sun Feb 22nd, 2015 at 03:32:42 PM EST
[ Parent ]
Yes, that as usual the wrong interpreation.

Before we have another round of shadow-boxing over mis-read words before you realise that we actually agree on something, would you spell out what "that" points at?

At any rate, the Süddeutsche editors giving space to a bunch of die-hard neo-liberals is quite similar to the SPD's intellectual bankruptcy in turning to Harz or promoting Clement or Steinbrück allying with Koch for a shabby "reform" proposal. (Or, to leave Germany but stay with useless centre-leftists, Hollande and Renzi and their ministers hid nicely during the Eurogroup battle over Greece.)

*Lunatic*, n.
One whose delusions are out of fashion.

by DoDo on Mon Feb 23rd, 2015 at 07:23:50 AM EST
[ Parent ]

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