Tsipras: Radical change or collapse for EU

The European Union will either change radically or it will collapse, Coalition of the Left, Movements and Ecology (SYN) leader Alexis Tsipras warned in a newspaper interview appearing Sunday, adding that Greece needs a long-term viability plan summarised in four key points: renegotiation of the country’s debt at Europe level, redistribution of wealth, growth, and employment.

According to Tsipras, the course being followed by the prevalent political and economic establishment is leading the eurozone full speed to collapse and prospectively to the break-up of the European Union, at last as it has existed to today.

The critical question for the euro, but also the EU, is whether it will change radically or whether it will collapse, Tsipras said, adding: If the latter occurs, namely, collapse, which would mean simultaneous social disaster and bankruptcy, it will be of little significance with which currency it will be managed.

Consequently, of crucial importance is averting collapse and fighting instead for change, he said.