New Democracy

Will the Greek Revolution Spread to the Rest of Europe?

By Malcolm Lowe

After Greece's second parliamentary election this year (June 2012), there was a collective sigh of relief in Europe. The political parties that negotiated the bailouts of Greece in 2010 and 2011 had secured a majority in the new parliament and formed a government that was committed to avoiding a Greek default. Europe's political leaders could now hasten to damp down the next brush fire in the Eurozone, the crisis of the Spanish banks. What those political leaders overlooked was that the Greek political scene has undergone a revolution.