Friday, May 11, 2012

SYRIZA leader's second letter to Barroso et al.

 Background 1, 2, 3 (see discussions also)

Letter of the president of the Parliamentary Team of SYRIZA – EKM to EU Commission President Jose Barroso, the President of the European Council H. Van Rompuy, and the President of the European Parliament Μartin Sultz; attn the President of the ECB Mario Draghi and Eurogroup President Jean Claude Juncker

Athens Thursday May 10, 2012

Dear Mr. President

I am sending you this letter after returning the exploratory mandate with which the President of the Hellenic Republic entrusted me, so that I could determine the possibility of the creation of a government that would enjoy the parliament’s confidence, according to our Constitution. This letter is a continuation of the previous one I had sent you on February 21.

The vote of the the Greek people on Sunday May 6th, delegitimizes politically the Memorandum of Understanding / Memorandum of Economic and Financial Policy which was signed by the previous government under Mr. Papademos and the leaders of the two parties which had guaranteed the parliamentary majority of that government. Both these parties recorded a loss if about 3,5 million votes, receiving a combined 33,5% of total votes.

We would ask you to note that, before this, the Memorandum of Understanding / MEFP had been already delegitimized as regards to its economic efficiency.

But it isn’t just that the MoU/MEFP failed in achieving its own stated goals. It is also that it has failed to confront the structural imbalances of the Greek economy. SYRIZA has been pointing out all these past years the endogenous weaknesses of the economy. All governments, in close collaboration with the EU, ignored our proposals for concrete reforms.

Please note also, that because of the policies of the MoU/MEFP, Greece is the only European country ever in peacetime to be suffering in 2012, its fifth consecutive year of deep recession. Furthermore, the bond exchange program (PSI) has failed to secure in a reliable way the long-term viability of the public debt, which is increasing as a percentage of Greek GDP. Austerity cannot in any way be a therapy during a recession. The immediate, socially just, reversal of the declining trend of our economy is therefore imperative.

We must urgently secure economic and social stability in our country. For this reason, we have a duty to undertake every possible political initiative in order to reverse austerity and recession. Because, beyond the lack of democratic legitimization, a continued implementation of the program of internal devaluation leads the economy towards a catastrophe, without producing the prerequisites for recovery. Internal devaluation tends to lead to a humanitarian crisis.

We therefore have a duty to re-examine the whole framework of existing strategy, given that it not only threatens social cohesion and stability in Greece, but also is a source of instability for the EU itself and for the Eurozone.

The common future of European peoples is under the threat of these disastrous choices. It is our deep conviction that the problem of this crisis is European and that therefore it is at a European level that a solution must be found…


Alexis Tsipras

President of the SYRIZA Parliamentary Group

Vice-chairman of the Party of the European Left