CNN: Get ready for a new Greek drama

a 4 News
a 1657 News

"Experts claim that SYRIZA's plans are not realistic, they are irresponsible and could trigger a crisis that would lead Greece to leave the Eurozone," the American network points out.

After the failure in the third round of voting for the election of the President of the Republic and after the announcement of early elections, the international media interpret the political developments in Greece.

Among them is CNN, which points out in an article entitled: "Get ready for a new Greek drama", that the country "is in danger of unpleasant consequences for the fragile economic recovery in Greece".

At the same time, it is pointed out that the stock market after the results of the third failed vote fell by 8,5%.

At the same time, the American publication states that the polls show that SYRIZA is ahead, while it explains that the main opposition party wants to renegotiate the terms of the rescue package with the IMF, the European Commission and the European Central Bank.

"The party is committed to reversing many of the reforms that have helped Greece return to economic growth and says it plans to invest billions in programs that will increase wages and pensions," the network said.

At the same time, the article points out that while SYRIZA's plans are popular with Greeks affected by high unemployment and the crisis years, experts say they are unrealistic, irresponsible and could trigger a crisis that would lead to Greece to leave the Eurozone.

Nevertheless, CNN adds that SYRIZA has "softened its tone recently and states that it wants to stay in the Eurozone."

At the same time, despite the dangers of the situation prevailing in Greece, experts estimate that the Eurozone is more capable of facing a new Greek crisis.

"The Eurozone could handle an unlikely but not impossible Greek accident with limited and temporary damage," said Berenberg economist Holger Schmiding.