German Press Sees Drach Parties Arising

It does not look like Greece will return to the drachma, despite all comparisons made to  Ethiopia and Albania concerning similar economic  circumstances.

The German newspaper Süddeutsche Zeitung said that rich people in Greece are still having fun every night, spending money on bottles of champagne equal to a Greek monthly salary.

The newspaper Frankfurter Allgemeine Zeitung published a full page article, titled Alternatives for Greece, which refers to the formation of the new political parties of Alekos Alavanos and Theodoros Katsanevas who are supporting Greece’s exit  from the Eurozone.

The article compares Alavanos’ new party named ‘Plan B’ to Tsipra’s political party SYRIZA. On one hand, Syriza rejects the negotiations made with the Troika, but still insists that Greece should remain in the Eurozone. On the other hand, the political party ‘Plan B’ says that whoever is against political austerity should simultaneously get ready for a potential exit from the Eurozone.

As far as Katsanevas’ new political party is concerned, the newspaper FAZ comments on its leader’s statements, who said that even though Ethiopia, Albania, Romania and Bulgaria have their own currency, they still make imports of oil and gas. “This should be done within Greece, too,” Katsanevas stated.

In conclusion, FAZ referred to the notorious statements by Greek singer, Antonis Remos, underlining, “He was having a ball saying that Greeks know how to have fun and insulting the German Finance Minister, Wolfgang Schauble. Commentators noted that such statements are impermissible.”