Until the rule of law becomes irreversible, the post-communist region of Europe will continue to attract bad actors, rogue states, and perpetuate rampant corruption, transnational organized crime and terrorism financing. The responsibility and moral obligation to act now should be a high priority for US leaders.
Greece's and Europe's long-term best interests require the kind of reform that Greek governments have failed to pursue. And neither Mr. Tsipras nor any other individual leader or single country can be expected to contribute to such a policy shift without quick, clear and strong EU and social alliances.
Europe should count itself lucky that a leftwing anti-austerity party won the Greek elections, swept into office by citizens who've had enough. Elsewhere in Europe, seven years of stupid, punitive, and self-defeating austerity policies have led to gains by the far right. If a radical left party is now in power in Athens and sending tremors through Europe's financial markets, the EU's smug leaders and their banker allies in Frankfurt, Brussels and Berlin have only themselves to blame. Alexis Tsipras, leader of the winning Syriza coalition, says he doesn't want Greece to leave the Euro. He just wants Europe's leaders to renegotiate Greece's debt. It's about time. This crisis could have ended years ago with far less suffering for ordinary people who had no responsibilities for the offending policies. Greece, after all, has about two percent of the EU's total economic product -- and it has about 25 percent less than it had before the crisis. Writing off Greece's debt outright would have cost peanuts, and still would.