Tag Archives: neoliberalism

Syriza can show ‘another energy is possible’

by Sean Sweeney

During its first days in office, Syriza has taken actions that suggest it is willing to confront the EU’s neoliberal approach to energy and to embark on a new course. New Prime Minister Alexis Tsipras has also stated his government will restore collective bargaining agreements and stop 300,000 planned layoffs.

The Syriza government has said it will stop the proposed sell off of the Public Power Corporation (PPC) which is 51% publicly owned but had been targeted for full-on privatization in 2016. “We will halt immediately any privatization of PPC,” Energy Minister Panagiotis Lafazanis told Greek television a few hours before officially taking over his portfolio. “There will be a new PPC which will help considerably the restoration of the country’s productive activities,” he said.

Lafanzis also announced that that the mostly state-run gas company, DEPA, will also not be privatized. Both the PPC and DEPA were due to be privatized under the conditions imposed by the Troika. Continue reading Syriza can show ‘another energy is possible’