×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Friday
19
Dec 2025
weather symbol
Athens 12°C
  • Home
  • Politics
  • Economy
  • World
  • Diaspora
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Mediterranean Cooking
  • Weather
Contact follow Protothema:
Powered by Cloudevo
> Politics

Forget global crash: Latest Greek far-left party plans to nationalize banks, default on debt

UK-based economist Lapavitsas says euro not a 'safe harbor'

Newsroom August 25 11:13

British-based economics professor and Parliament MP Costas Lapavitsas, one of the most prominent anti-euro …former members of the SYRIZA party and now of the breakaway and even more radical Popular Unity, reiterated that a return to a national currency was not the solution to the problem, but a means to an end.

>Related articles

Code “Maritime Arc”: The US plan that is redrawing the map of Greece from North to South

Provocative stance by Pappas over the assault on a journalist: “I raised my hand, but he has no mark. I said, ‘Look at me and look at him’”

Mitsotakis: Yes to dialogue with farmers, no to unnecessary hardship for society – We will not give in to maximalism that leads outside the European framework

In an interview with the local Mega TV on Tuesday. Lapavitsas characterized the argument that the euro was ‘a harbor of safety’ as totally baseless, while commenting on his new anti-capitalist and even more radical left party, he said its MPs — previously with SYRIZA — spoke the truth to the Greek people.

Lapavitsas, a classical Marxist who is paid in UK pounds when not serving in the Greek Parliament, continued by warning that measures emanating from the third bailout would mean meager pensions for the elderly, increased unemployment and more austerity for at least two more years.

Lapavitsas said Popular Unity’s political program included a default and write-off on debt, the nationalization of banks and the scrapping austerity. No word on whether five-year plans and “popular mobilizations” to cut sugarcane would also be envisioned.

Ask me anything

Explore related questions

> More Politics

Follow en.protothema.gr on Google News and be the first to know all the news

See all the latest News from Greece and the World, the moment they happen, at en.protothema.gr

> Latest Stories

Regulation of the Ministry of Development ensures basic aid for farmers who have outstanding issues with the Land Registry

December 19, 2025

ELTA: New stamp and envelope series “ELPIDA – Marianna B. Vardinoyanni

December 19, 2025

PULS paves the way for the “Achilles Shield”, defence programmes with Israel, and the United Arab Emirates in the game

December 19, 2025

Christos Markogiannakis honored as Knight of the Order of Arts and Letters

December 19, 2025

British Museum: Loans of up to 3 years are its new model for antiquities removed from other countries – What it plans to do with the Parthenon Sculptures

December 19, 2025

“Flying” Santas filled the children in the oncology ward of Pagni with joy, watch video

December 19, 2025

Embraer’s Eve made the maiden flight of the “flying car,” having received over 3,000 pre-orders

December 19, 2025

In the mountain forests of the Peloponnese, Greek fir trees are dying en masse without being burned

December 19, 2025
All News

> Greece

Regulation of the Ministry of Development ensures basic aid for farmers who have outstanding issues with the Land Registry

In which cases active farmers will not be excluded from the payment

December 19, 2025

ELTA: New stamp and envelope series “ELPIDA – Marianna B. Vardinoyanni

December 19, 2025

PULS paves the way for the “Achilles Shield”, defence programmes with Israel, and the United Arab Emirates in the game

December 19, 2025

“Flying” Santas filled the children in the oncology ward of Pagni with joy, watch video

December 19, 2025

5-month-old baby found dead in Attica: “We woke up and found her cold,” says the mother

December 19, 2025
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2025 Πρώτο Θέμα