Alexis Tsipras talks so much about democracy that one might think the Greek prime minister is a paragon of virtue when it comes to dealing with the voters. This is not the case. For a start, Tsipras has made a series of wild promises that he cannot deliver. Before January’s election, he pledged that he would tear up the country’s bailout programme while staying in the euro. The two are almost certainly incompatible goals, as the Greek people are now discovering at huge cost.
In advance of Sunday’s referendum, he has given further assurances. One is that savers’ bank deposits are safe. He also said he will have a deal with Greece’s creditors within 48 hours of the plebiscite, if they vote no to the bailout plan. In fact, deposits are at risk and the chance of a deal in two days is virtually nil. A good democrat only promises what he or she can deliver. Tsipras is a demagogue……..