The American Interest
Analysis by Walter Russell Mead & Staff
Good News from Greece

Here’s something we haven’t seen in a while: good news from Greece. The good news isn’t that the Greek economy is doing well. It isn’t. The good news is that the Greek people seem to be resisting the temptation to turn toward extremism in the wake of the greatest economic disaster in a democratic country since World War II. Since the Greek bailout, Greece’s center-right government has pulled ahead of both the leftist, anti-bailout SYRIZA party and the far-right Golden Dawn Party in opinion polls, as Reuters reports:

For months New Democracy trailed Syriza in polls but it pulled ahead this month after securing aid from the European Union and the International Monetary Fund to end months of uncertainty over Greece’s future in the euro.

“There is an increase in the number of people who believe that we must stay in the euro zone and stick to our commitments because there is no other way out,” said MRB’s Dimitris Mavros.

MRB said that for the first time since the Greek crisis broke out a majority of Greeks – 60 percent – said they believed the country would not go bankrupt and more than 75 percent said they expected Greece to stay in the euro.

Meanwhile, bailout funds are trickling in, and despite continuing austerity Greeks seem sensible enough to recognize that the quack medicine being sold at various disreputable vendors stands isn’t going to work.

Good.

Published on January 27, 2013 10:15 am