Greek parliament fails to elect President:New national elections called for January 25, anti-austerity Syriza likely winner

Events are moving closer to a major policy change for the better in Greece. The Greek parliament failed to vote in large enough numbers for the proposed candidate for President Stavros Dimas. He required 180 votes but received only 168 votes . In the elections that are now required under the constitution a new parliament will be elected at the end of January. Syriza led by Alex Tsipras is ahead in the polls and is likely if the polls are borne out on election day to be elected as the new Greek government. It is resolutely opposed to continuing the austerity policies which have wrecked the Greek economy and caused widespread misery.It wishes to renegotiate the terms of the EU bailout and loan program . Whether it will succeed in doing so is another matter. But it will place the issue of ending austerity clearly on the table and thereby affect European economic policy and politics.

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About haroldchorneyeconomist

I am Professor of political economy at Concordia university in Montréal, Québec, Canada. I received my B.A.Hons (econ.&poli sci) from the University of Manitoba. I also completed my M.A. degree in economics there. Went on to spend two years at the London School of Economics as a Ph.D. student in economics and then completed my Ph.D. in political economy at the University of Toronto. Was named a John W.Dafoe fellow, a CMHC fellow and a Canada Council fellow. I also was named a Woodrow Wilson fellow in 1968 after completing my first class honours undergraduate degree. Worked as an economist in the area of education, labour economics and as the senior economist with the Manitoba Housing and Renewal Corporation for the Government of Manitoba from 1972 to 1978. I also have worked as an economic consultant for MDT socio-economic consultants and have been consulted on urban planning, health policy, linguistic duality and public sector finance questions by the governments of Manitoba, Saskatchewan,the cities of Regina and Saskatoon, Ontario and the Federal government of Canada. I have also been consulted by senior leaders of the British Labour party, MPs from the Progressive Conservative party, the Liberal party and the New Democrats on economic policy questions. Members of the Government of France under the Presidency of Francois Mitterand discussed my work on public sector deficits. I have also run for elected office at the municipal level. I first began to write about quantitative easing as a useful policy option during the early 1980s.
This entry was posted in anti austerity, European debt crisis, European unemployment and tagged . Bookmark the permalink.

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