The EU’s dangerously speculative single currency was, we were told, essential if Europe was to avoid repeating the horrors of its past. That argument never made any sense in the first place, and it makes even less now:
Greece has funds “until November, then our coffers will be empty”, said Greek Prime Minister Antonis Samaras in an interview with Handelsblatt. “We need more time for consolidation but not necessarily more credit”, said the premier. In the interview, Samaras compared Greece to the Republic of Weimar: “Greek democracy is probably facing its most important challenge”, he said, explaining that society “is threatened by growing unemployment, as happened to Germany at the end of the Republic of Weimar”….
And so does The Economist:
Opinion polls show that Golden Dawn, the far-right, anti-immigrant party that won seats in parliament for the first time at the June general election, has overtaken the socialists to occupy third place behind Mr Samaras’s New Democracy and Syriza, the [Chavez-style] main opposition party.
Golden Dawn is opening more offices in provincial towns to increase support among the unemployed young. Recognisable by their black T-shirts with a swastika-like emblem, its members are growing bolder in their harassment of immigrants. One group recently attacked several stallholders at an open-air market in Rafina, a port near Athens, after posing as plain-clothes police checking their permits. The police were not much help: as often happens with Golden Dawn’s transgressions, sympathetic police officers looked the other way.
Golden Dawn is not only stepping up its vigilantism and attacks against immigrants. Nikos Michaloliakos, the party leader, encourages displays designed to show Golden Dawn’s social conscience, through public distributions of food parcels to the needy. But beneficiaries must first register with the party and prove they are Greek, by showing their identity cards…
Winterhilfswerk redux, I suppose