Yanis Varoufakis is greeted by a well wisher as he arrives at the Presidential Palace to be sworn in as the Finance Minister
A wave of anti-austerity fervour continues to sweep through southern Europe, as tens of thousands of people marched through
Greece has elected Europe's first far-left government of modern times. Spain looks set to put in power a party which didn't exist five years ago. Labour is about to be wiped out in Scotland, the place of its birth. The Tories are terrified that Ukip will do the same to them in their own heartland. Are these all just local disturbances, or different symptoms of the same crisis?
The humiliation of Greece by foreign politicians and unelected bodies, dictating what Greece must do regardless of what harm it causes its people, must be too much to bear in a country that gave the world the concept of democracy.
Monbiot is speaking to those of us who have, for some time, become disillusioned about the fact that any kind of drastic political reform (dare I say "revolution"?) seems impossible in this country. By pointing to reform of governmental bodies, tax reforms to a local-authority system, and the prevention on money-creation by private banks, Monbiot cooks up some tasty, Green morsels for the disillusioned left to digest.
What is "extreme" about providing free electricity and food stamps to 300,000 Greek families now living below the poverty line, as Syriza has pledged to do? Syriza's programme of debt relief, fiscal stimulus and financial support for the poorest, rather than the richest, is mainstream macroeconomics. The party is merely planning to do what the textbooks suggest.
Bank of England governor Mark Carney has attacked the Eurozone's efforts to restore its economy as "timid", urging it to
Whose side is the E.U. on? It is a question that would have arisen even without Syriza's election triumph in Greece, since
Anti-austerity party Syriza has swept into power in Greece, with leader Alexis Tsipras now leading a coalition government
Syriza leader Alexis Tsipras (C) arrives at the Presidential Palace for his civil oath as Greek Prime Minister in Athens