Europe

Modern Greece, today’s Chimera.

Chimera, a product of Greek mythology was a fire-breathing monster with a lion’s head, a goat’s body and a serpent’s tail, daughter of Typhon, a monster with a hundred heads that also breathed fire. Chimera is no longer a myth. It is now called Greece..

It really made little difference which party or alliance prevailed. Neither the anti-bailout or pro-bailout cabal could offer a solution to Greece’s and the Eurozone problems. But, it is unfortunate that the anti-bailout parties did not win and force an immediate decision for Greece to depart both the Eurozone and the EU. The sooner the bitter pill is swallowed and the EU system purged, the better for everyone.

Now, with the pro-bailout win we are in for a lengthy, painful process that will likely have the same result, the departure of Greece. The ND, Pasok and allies will attempt to renegotiate the bailout terms, and even if the Germans relent and soften demands, Greece will not abide by the agreement, the people will continue to oppose any imposition of austerity measures and we will be back to square one.

Better, as with a terminally ill patient on life support, to pull the plug on Chimera.

Categories:Europe, Greece

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