«The greatest winner is the troika itself. During the past five years, troika-authored bills made it through parliament on ultra-slim majorities, giving their authors sleepless nights. Now, the bills necessary to prop up the third bailout will pass with comfortable majorities, as Syriza is committed to them. Almost every opposition MP (with the exception of the communists of KKE and the Nazis of Golden Dawn) is also on board. (...)
Will Tsipras have more success in faking commitment to another failed troika programme? The prospects are not bright, but we should not write him off. His fate depends on whether his new government remains connected to the victims of its troika agreement, implements genuine reforms to give bona fide business some confidence to invest, and uses the intensification of the crisis to demand real concessions from Brussels. It is a tall order. But then victory, however sweet, is not the point. The point is to make a difference.»
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