×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Tuesday
10
Feb 2026
weather symbol
Athens 11°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

Court of Appeal for “Spartans”: Prosecutor asked for acquittal because there was “no voter fraud”

Greek Foreign Ministry responds to Lavrov: We could not fail to support Ukraine – We seek restoration of relations with Russia

Support for livestock farming an “non-negotiable priority,” Mitsotakis tells farmers at Maximos Mansion

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

Financial assistance of €391 from OPEKA: Terms, rights, and beneficiaries

February 10, 2026

Greek Air Force squadron leader remanded in custody on espionage charges for China

February 10, 2026

Ministry of Education and its proposals for the new upper secondary school and the school-leaving certificate: Reduced curriculum and fewer exam subjects for 12th Grade

February 10, 2026

The first 11 ELTA branches will close from 20 February, and how citizens will be served

February 10, 2026

Signatures with Chevron for Hydrocarbon exploration in Crete and the Peloponnese on February 16

February 10, 2026

Politico outlines a 4+1 step roadmap for Ukraine’s partial EU entry by 2027, sidestepping Orbán’s opposition

February 10, 2026

“Astoria”: The new major production of the Pallas Theatre on Greek migration to New York

February 10, 2026

Ecumenical Patriarch Bartholomew at the Liturgy of St. Charalambos in the Phanar: His message on the Greek Language

February 10, 2026
All News

> World

Politico outlines a 4+1 step roadmap for Ukraine’s partial EU entry by 2027, sidestepping Orbán’s opposition

This initiative aims at stabilising Kiev's position in Europe and to definitively remove the country from Moscow's sphere of influence - The crucial elections in Hungary, the Trump "card" and the extreme option of suspending member-state rights

February 10, 2026

World Safer Internet Day: Celebrated in over 160 countries and territories around the world

February 10, 2026

EU Parliament backs new measures to ahield and modernise Europe’s wine sector

February 10, 2026

UN: Atrocities in El Fasher were a preventable disaster

February 10, 2026

Everything that has been revealed from the Epstein files: Perversions, pedophilia and conspiracy theories (videos)

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