Monday, July 8, 2019
Greece Is the Good News Story in Europe
New York Times
July 8, 2019
If you’re looking for an optimistic story in Europe, try Greece. Yes, you read that right. Having lost a quarter of its economy in a devastating recession, Greece has turned the corner, its democracy intact, its extremist temptations defeated and its anti-Americanism defunct.
The landslide election on Sunday of Kyriakos Mitsotakis, the dynamic leader of the center-right New Democracy party, marked the end of a chapter. Greece rejected Alexis Tsipras, the leftist leader who took the country to the brink of ruin in 2015 before discovering a pragmatic streak. It also voted the neo-Nazi Golden Dawn out of Parliament. At the height of the crisis, Golden Dawn had become the country’s third-largest party.
First into populism, Greece is now first out. For a country in free fall, the anchors of the European Union and NATO are not so negligible after all. Europe is not simply a story of growing nationalism and xenophobia. It’s a continent in violent flux, torn between liberal democratic and nativist currents.
Despite unemployment that reached almost 30 percent, a chaotic near-exit from the euro, huge bailouts to save it from bankruptcy, mandated austerity programs and a wave of desperate refugees from Syria, Greece stabilized itself. It’s a reminder that reports of democracy’s demise are exaggerated.