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Greece Without Illusions

From project-syndicate.org

“The costliest minor government reshuffle in Greece’s history.” That is at least one way to describe the result of the Greek general election on September 20. Indeed, with few exceptions, the same ministers have returned to the same offices as part of an administration backed by the same odd pair of parties (the left-wing Syriza and the smaller right-wing Independent Greeks), which received only a slightly lower share of the vote than the previous administration. But the appearance of continuity is misleading. While the percentage of voters backing the government is relatively unchanged, 1.6 million of the 6.1 ... (full story)

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