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“Grexit” becomes central in Germany’s elections campaign

Greece debt crisis has become a central issue in the German elections campaign. Even parties sunk in oblivion in recent years try to win votes by throwing the bait “Grexit” into the open mouths of conservative and neo-liberal electorate.

“Greece should leave the euro zone and then be given debt relief,” the head of Germany’s pro-business Free Democrats (FDP) told a German radio station on Thursday.

Greece should, however, remain in the European Union, FDP leader Christian Lindner told Deutschlandfunk, so it can get subsidies to put into infrastructure or help small- and medium-sized businesses.

“It’s clear that Greece needs to have its debts written off,” Lindner said. “Greece’s debts can only be written off outside of the euro zone, so we’re talking about Grexit.”

Linder’s glorious idea has certainly drew inspiration by Master Schaeuble who said exactly this on Wednesday evening.

Recent polls put support for the FDP, which was the junior coalition partner to Chancellor Angela Merkel’s conservatives from 2009 to 2013, at 5 to 7 percent. That suggests it will get enough support to cross the 5 percent threshold to enter the Bundestag lower house of parliament in elections on Sept. 24.

Lindner said Greek Prime Minister Alexis Tsipras did not intend to implement agreed reforms, so the strategy needed to be changed.

The German government wants the International Monetary Fund to have a stake in Greece’s bailout to give the rescue plan greater credibility. But it opposes granting Athens the significant debt relief that the IMF is demanding.

picture from Twitter – further details not available

PS I am quite sure, Christian Lindner cannot even find <Greece> on the map, how much more he has a picture about implementation of reforms.

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One comment

  1. Giaourti Giaourtaki

    To mention their former chieftain’s Anti-Greek sentiments might only bring them more votes as he died painful… also he wanted Greece to buy Euro-fighters when crisis was in full swing already.