Free exchange | Greece's economy

The economic consequences of Syriza

It will take the Greek economy a long time to recover from the dislocation of the past week

By C.R. and S.N. | LONDON AND ATHENS

AFTER the party in Syntagma Square celebrating the landslide victory for the "no" campaign in Sunday's referendum comes the hangover. They went wild "because we are tired of everything, from all the lies, from paying for the rich, and from years of austerity, especially for young", as one partying Athenian told us. To be fair, with youth unemployment rates of over 50%, many have had little to celebrate for a long time. Young Greeks support the aggressive stance taken towards the country's lenders by Syriza and its leader, the Greek prime minister Alexis Tspiras, whose position in domestic politics has been strengthened as a result of the referendum.

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