×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Wednesday
21
Oct 2026
weather symbol
Athens 19°C
  • Home
  • Politics
  • Economy
  • World
  • Diaspora
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Mediterranean Cooking
  • Weather
Contact follow Protothema:
Powered by
> 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

Δείτε περισσότερα άρθρα μας στα αποτελέσματα αναζήτησης

Add Protothema.gr on Google

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

Dendias: Cyberattack on critical infrastructure is a matter of national security

Crete-Cyprus power cable: Diplomatic opening for surveys to resume without confrontation with Turkey

Israeli ambassador praises Greece in meeting with Pierrakakis: ‘One of Europe’s most remarkable success stories’

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

All 27 EU member states condemn Turkey-Libya maritime deal as ‘invalid’

October 21, 2026

Eight complaints led to arrests in Greek basketball scandal as 50 matches investigated for alleged fixing

October 21, 2026

Kolonos explosion caused by detonator-equipped device, as building manager alerts police

October 21, 2026

Dendias: Cyberattack on critical infrastructure is a matter of national security

October 21, 2026

Shark trapped in South Korean canal for a month released into the sea: Video shows rescue using floating platform

October 21, 2026

Egypt also rejects Turkish-Libyan memorandum: ‘Absolutely null and void, with no legal validity’

October 21, 2026

OpenAI agents disabled safety mechanisms while carrying out routine tasks

October 21, 2026

Explosion in building in Athens’ Kolonos district leaves four injured, including two police officers

October 21, 2026
All News

> Greece

In reverence, the emotional deposition in Jerusalem, see photos & video

The Holy Temple of the Resurrection opened after many days due to the war between Israel and Iran

April 10, 2026

In the final stretch for the accreditation of joint master’s degrees: Aiming for their launch in the coming academic year

April 10, 2026

Schedule for Epitaph Procession today (10/4)

April 10, 2026

Perfect weather for Easter excursions, according to Tsatrafyllia’s forecast

April 10, 2026

Easter in Greece: The customs that continue in Greek tradition – From Nafpaktos to Corfu

April 10, 2026
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2026 Πρώτο Θέμα